INNODATA INC (INOD) Technical Analysis
NASDAQ:INOD • US4576422053
Current stock price
37.12 USD
-3.88 (-9.46%)
At close:
37.09 USD
-0.03 (-0.08%)
After Hours:
INOD Technical Rating and Analysis
Taking everything into account, INOD scores 0 out of 10 in our technical rating. 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.
- 79% of all other stocks performed better in the past year than INOD.
- INOD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INOD is lagging the market.
- In the last month INOD has a been trading in the 35.72 - 46.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- INOD has an average volume of 1230400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INOD is an average performer in the Professional Services industry, it outperforms 67% of 87 stocks in the same industry.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
INOD Support and Resistance Analysis
36.75
50.41
We can see 4 important resistance areas.
- A resistance zone ranging from 43.30 to 44.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @45.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.19 to 48.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @49.91 from a trend line in the weekly 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 | 21.28 | NEGATIVE | INOD has a low relative strength, it was outperformed by 78.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INOD is below a declining 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) | 30.23 | NEUTRAL | The RSI value for INOD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests INOD has a negative trend. |
| Stochastics (14,3) | 16.06 | OVERSOLD | The low Stochastics value suggests INOD may be oversold. |
| Average True Range in percent/ATR (20) | 6.8 | HIGH VOLATILITY | The high ATR as a percentage value for INOD suggests high volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for INOD suggests a strong trend. |
INOD Chart- and CandleStick Pattern Analysis
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)
INOD Technicals: Chart, Performance Metrics, Trend & Indicators
37.12
-3.88 (-9.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-9.46%
1 Week-14.98%
2 Weeks-12.66%
1 Month-15.96%
3 Month-29.31%
6 Month-47.36%
12 Month-0.72%
2 Year462.42%
3 Year334.66%
5 Year489.21%
10 Year1542.48%
15 Year1446.67%
Volatility
ATR(14)2.36
ATR(20)%6.8%
ATR Inc80.11%
Range Today4.64
ADR(20)2.45
ADR(20)%6.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.28
3 months CRS13.9
6 months CRS11.08
Mansfield-2.6
10 Day High45.91
10 Day Low35.72
20 Day High46.92
20 Day Low35.72
52 Week High93.85
52 Week Low26.41
CS1 EndN/A
CR1 Start43.3
Volume & EV
DER(3)-2.93%
DER(5)-2.47%
Volume2.11M
Volume Incr-5.22%
Vol(5)895.28K
Vol(50)1.23M
INNODATA INC / INOD TA FAQ
What is the ChartMill technical rating of INNODATA INC (INOD) stock?
ChartMill assigns a technical rating of 0 / 10 to INOD.
What is the current trend direction of INNODATA INC (INOD) stock?
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 30.2296. This indicates that the stock is currently neutral.
What is the short term momentum for INOD stock?
The short term momentum for INNODATA INC (INOD) is negative.
What are the support and resistance levels for INNODATA INC (INOD) stock?
INNODATA INC (INOD) has a resistance level at 43.3. Check the full technical report for our detailed analysis of INOD support and resistance levels.