INOVALIS REAL ESTATE INVESTM (INO-UN.CA) Stock Technical Analysis
TSX:INO-UN - Toronto Stock Exchange - CA45780E1007 - REIT - Currency: CAD
Overall INO-UN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INO-UN is only an average performer.
INO-UN is one of the lesser performing stocks in the Diversified REITs industry. 70% of 38 stocks in the same industry do better.
Warning: INO-UN has an average volume of 27804 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
In the last month INO-UN has a been trading in the 0.89 - 1.04 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, INO-UN outperforms 49% of them, which is more or less in line with the market.
INO-UN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INO-UN is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, INO-UN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INO-UN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.79
1.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.01 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for INO-UN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INO-UN.CA is up. |
| ChartMill Relative Strength | 49.07 | NEUTRAL | INO-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INO-UN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INO-UN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INO-UN.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.23 | NEUTRAL | The RSI value for INO-UN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INO-UN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.64 | OVERBOUGHT | The high Stochastics value suggests INO-UN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for INO-UN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.3 | POSITIVE | The high ADX value value for INO-UN.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.02 | 0.91 | 0.11 (10.78%) | 9.27% |
| An entry @1.02. This is a Buy Stop order right above the resistance zone. | An exit @0.91. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 10.78%. | When investing 9.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:INO-UN (5/29/2025, 7:00:00 PM)
1
-0.02 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.96%
1 Week8.7%
2 Weeks7.53%
1 Month23.46%
3 Month11.11%
6 Month29.87%
12 Month-5.66%
2 Year-70.24%
3 Year-87.47%
5 Year-85.55%
10 Year-88.91%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.6%
ATR Inc93.62%
Range Today0.08
ADR(20)0.04
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.07
Mansfield-0.12
10 Day High1.04
10 Day Low0.89
20 Day High1.04
20 Day Low0.89
52 Week High1.46
52 Week Low0.75
CS1 End0.92
CR1 Start1.01
Volume & EV
DER(3)3.51%
DER(5)2.95%
Volume19.28K
Volume Incr46.93%
Vol(5)44.80K
Vol(50)27.80K