INSPIRED ENTERTAINMENT INC (INSE) Stock Technical Analysis
NASDAQ:INSE - Nasdaq - US45782N1081 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to INSE. Although INSE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month INSE has a been trading in the 8.40 - 9.77 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the performance of all stocks over the past year, INSE turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
INSE is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 56% of 131 stocks in the same industry.
INSE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INSE is lagging the market slightly.
Although INSE has an excellent technical rating, it does not present a decent entry opportunity 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
7.24
9.60
When analyzing the support we can see 3 important areas.
- Support @7.91 from a trend line in the daily time frame.
- Support @7.62 from a trend line in the weekly time frame.
- Support @7.31 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.49 to 9.50. 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 INSE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INSE is neutral. |
| ChartMill Relative Strength | 69.62 | NEUTRAL | INSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INSE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.03 | NEUTRAL | The RSI value for INSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests INSE has a negative trend. |
| Stochastics (14,3) | 27.69 | NEUTRAL | The Stochastics value for INSE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for INSE suggests some volalility. |
| Average Directional Index/ADX (14) | 29.68 | POSITIVE | The high ADX value value for INSE 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)
8.75
-0.26 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.89%
1 Week-6.42%
2 Weeks-7.7%
1 Month1.63%
3 Month16.05%
6 Month-13.11%
12 Month5.68%
2 Year-33.61%
3 Year-16.43%
5 Year144.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.79%
ATR Inc14.54%
Range Today0.29
ADR(20)0.32
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.62
Mansfield-0.79
10 Day High9.59
10 Day Low8.64
20 Day High9.77
20 Day Low8.4
52 Week High11.61
52 Week Low6.51
CS1 End7.91
CR1 Start9.49
Volume & EV
DER(3)0.14%
DER(5)2.29%
Volume135.86K
Volume Incr-39.73%
Vol(5)130.81K
Vol(50)173.01K