INNODATA INC (INOD) Technical Analysis
NASDAQ:INOD • US4576422053
Current stock price
INOD Technical Rating and Analysis
Overall INOD gets a technical rating of 1 out of 10. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, INOD is a bad performer in the overall market: 80% 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.
- INOD is part of the Professional Services industry. There are 85 other stocks in this industry, INOD did better than 64% of them.
- In the last month INOD has a been trading in the 34.42 - 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
INOD has a poor technical rating and the quality of the setup is also only medium 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
36.02
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.53 to 41.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.27 from a trend line in the daily time frame.
- Support @36.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @45.96 from a trend line in the daily time frame.
- A resistance zone ranging from 46.94 to 47.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @49.11 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 | 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 | 20.47 | NEGATIVE | INOD has a low relative strength, it was outperformed by 79.53% 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) | 47.85 | NEUTRAL | The RSI value for INOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests INOD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.13 | NEUTRAL | The Stochastics value for INOD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for INOD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.53 | NEGATIVE | The low ADX value for INOD suggests a weak or negative trend. |
INOD Chart- and CandleStick Pattern Analysis
INOD Technicals: Chart, Performance Metrics, Trend & Indicators
41.88
+0.05 (+0.12%)
INNODATA INC / INOD TA FAQ
What is the ChartMill technical rating of INNODATA INC (INOD) stock?
ChartMill assigns a technical rating of 1 / 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 47.8462. 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 0.199461, indicating a bearish trend.
What is the buy/sell signal for INNODATA INC (INOD) stock?
The buy/sell signal for INNODATA INC (INOD) is sell as both the short term and long term trends are negative.