INSPIRED ENTERTAINMENT INC (INSE) Stock Technical Analysis
USA - NASDAQ:INSE - US45782N1081 - Common Stock
9.57 USD
+0.19 (+2.03%)
9.57 USD
0 (0%)
Overall INSE gets a technical rating of 8 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, INSE outperforms 65% of them, which is more or less in line with the market.
INSE is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 67% of 134 stocks in the same industry.
INSE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INSE is lagging the market.
In the last month INSE has a been trading in the 8.46 - 9.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INSE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.69. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.75
9.84
4 important support areas can be observed.
- Support @9.53 from a trend line in the daily time frame.
- A support zone ranging from 8.83 to 9.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.27 to 8.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.83 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.69 to 9.74. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for INSE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INSE is up. |
| ChartMill Relative Strength | 65.74 | NEUTRAL | INSE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INSE is above 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 | MIXED | The current price of INSE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.9 | NEUTRAL | The RSI value for INSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INSE has a positive trend. |
| Stochastics (14,3) | 54.63 | NEUTRAL | The Stochastics value for INSE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for INSE suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for INSE suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.75 | 9.52 | 0.23 (2.36%) | 25.00% |
| An entry @9.75. This is a Buy Stop order right above the resistance zone. | An exit @9.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 2.36%. | For a 0.59% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of INSE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.57
+0.19 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.03%
1 Week2.03%
2 Weeks1.81%
1 Month13.12%
3 Month28.63%
6 Month8.26%
12 Month-5.15%
2 Year-19.98%
3 Year8.38%
5 Year223.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%3.61%
ATR Inc-1.71%
Range Today0.45
ADR(20)0.34
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.74
Mansfield-0.39
10 Day High9.65
10 Day Low9
20 Day High9.91
20 Day Low8.46
52 Week High11.61
52 Week Low6.51
CS1 End9.53
CR1 Start9.69
Volume & EV
DER(3)1.64%
DER(5)-0.03%
Volume246.70K
Volume Incr1.46%
Vol(5)104.74K
Vol(50)139.25K