Taking everything into account, INOD scores 1 out of 10 in our technical rating. INOD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
37.95
6 important support areas can be observed.
- A support zone ranging from 51.45 to 52.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.94 from a horizontal line in the daily time frame.
- Support @46.32 from a trend line in the weekly time frame.
- Support @44.46 from a trend line in the weekly time frame.
- Support @42.48 from a trend line in the daily time frame.
- Support @38.33 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @59.66 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for INOD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INOD is down. |
| ChartMill Relative Strength | 33.69 | NEUTRAL | INOD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INOD is below 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) | UP | POSITIVE | The current price of INOD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.33 | NEUTRAL | The RSI value for INOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests INOD has a positive trend. |
| Stochastics (14,3) | 31.35 | NEUTRAL | The Stochastics value for INOD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for INOD suggests high volalility. |
| Average Directional Index/ADX (14) | 24.32 | NEUTRAL | The ADX value for INOD suggests a possible start of a new trend. |
54.2
+1.2 (+2.26%)
INNODATA INC / INOD FAQ
What is the ChartMill technical rating of INNODATA INC (INOD) stock?
ChartMill assigns a technical rating of 1 / 10 to INOD.
Can you provide the trend direction for INNODATA INC?
The current trend direction for INNODATA INC (INOD) is Bearish.
Can you provide the RSI signal for INNODATA INC?
INNODATA INC (INOD) has an RSI value of 46.3332. 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 0.249158, indicating a bearish trend.
What is the support and resistance level for INOD stock?
INNODATA INC (INOD) has a support level at 52.06 and a resistance level at 59.66. Check the full technical report for our detailed analysis of INOD support and resistance levels.