Taking everything into account, INSG scores 0 out of 10 in our technical rating. INSG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
INSG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INSG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.29 to 10.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.95 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.78 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.71 to 10.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 11.69 to 11.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.61 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for INSG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INSG is down. |
| ChartMill Relative Strength | 15.45 | NEGATIVE | INSG has a low relative strength, it was outperformed by 84.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INSG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.39 | NEUTRAL | The RSI value for INSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests INSG has a positive trend. |
| Stochastics (14,3) | 29.31 | NEUTRAL | The Stochastics value for INSG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for INSG suggests a strong trend. |
10.43
+0.14 (+1.36%)
INSEEGO CORP / INSG FAQ
Can you provide the ChartMill technical rating for INSEEGO CORP?
ChartMill assigns a technical rating of 0 / 10 to INSG.
What is the current trend direction of INSEEGO CORP (INSG) stock?
The current trend direction for INSEEGO CORP (INSG) is Bearish.
What is the RSI signal for INSG stock?
INSEEGO CORP (INSG) has an RSI value of 43.3882. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INSEEGO CORP?
The MACD indicator for INSEEGO CORP (INSG) has a value of 0.0265519, indicating a bearish trend.
What is the buy/sell signal for INSG stock?
The buy/sell signal for INSEEGO CORP (INSG) is sell as both the short term and long term trends are negative.