INNODATA INC (INOD) Technical Analysis
NASDAQ:INOD • US4576422053
Current stock price
INOD Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to INOD. INOD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, INOD is a bad performer in the overall market: 79% of all stocks are doing better.
- INOD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- INOD is part of the Professional Services industry. There are 86 other stocks in this industry, INOD did better than 65% of them.
- In the last month INOD has a been trading in the 34.23 - 48.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INOD Weekly and Daily overview Charts
INOD Setup Rating and Analysis
The technical rating of INOD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
INOD Support and Resistance Analysis
36.62
When analyzing the support we notice one important area.
- Support @36.99 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 46.94 to 47.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.59 from a trend line in the daily time frame.
INOD Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for INOD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INOD is neutral. |
| ChartMill Relative Strength | 21.1 | NEGATIVE | INOD has a low relative strength, it was outperformed by 78.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INOD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INOD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INOD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.82 | NEUTRAL | The RSI value for INOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests INOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.54 | NEUTRAL | The Stochastics value for INOD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.72 | HIGH VOLATILITY | The high ATR as a percentage value for INOD suggests high volalility. |
| Average Directional Index/ADX (14) | 21.03 | NEUTRAL | The ADX value for INOD suggests a possible start of a new trend. |
INOD Chart- and CandleStick Pattern Analysis
INOD Technicals: Chart, Performance Metrics, Trend & Indicators
42.34
-1.14 (-2.62%)
INNODATA INC / INOD TA FAQ
What is the ChartMill technical rating of INNODATA INC (INOD) stock?
ChartMill assigns a technical rating of 2 / 10 to INOD.
What is the trend direction for INOD stock?
The current trend direction for INNODATA INC (INOD) is Bearish.
What is the RSI signal for INOD stock?
INNODATA INC (INOD) has an RSI value of 48.823. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INNODATA INC?
The MACD indicator for INNODATA INC (INOD) has a value of 0.636442, indicating a bearish trend.