INNO INT DEV POWER BUFF NOV (INOV) Stock Technical Analysis
NYSEARCA:INOV - NYSE Arca - US45783Y4594 - ETF - Currency: USD
Taking everything into account, INOV scores 8 out of 10 in our technical rating. Although INOV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: INOV has an average volume of 1462 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!
A new 52 week high is currently being made by INOV, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so INOV is leading the market.
When comparing the performance of all stocks over the past year, INOV turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
In the last month INOV has a been trading in a tight range between 31.05 and 31.94.
Considerably lower volume is observed in the last couple of days.
Although INOV has an excellent technical rating, the quality of the presented setup is not ideal 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
27.91
32.27
We found 1 important support area.
- A support zone ranging from 28.19 to 29.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.95 to 31.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 INOV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INOV is up. |
| ChartMill Relative Strength | 69.28 | NEUTRAL | INOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INOV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INOV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INOV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.92 | NEUTRAL | The RSI value for INOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests INOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.84 | OVERBOUGHT | The high Stochastics value suggests INOV may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for INOV suggests low volalility. |
| Average Directional Index/ADX (14) | 35.75 | POSITIVE | The high ADX value value for INOV 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)
NYSEARCA:INOV (6/6/2025, 8:04:01 PM)
31.9398
+0.09 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week0.69%
2 Weeks1.25%
1 Month2.96%
3 Month4.2%
6 Month8.47%
12 Month11.92%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.37%
ATR Inc-47.78%
Range Today0
ADR(20)0.05
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.28
Mansfield0.31
10 Day High31.94
10 Day Low31.54
20 Day High31.94
20 Day Low31.05
52 Week High31.94
52 Week Low27.6
CS1 End29.33
CR1 Start31.95
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-61.58%
Vol(5)340
Vol(50)1.46K