INSEEGO CORP (INSG) Technical Analysis
NASDAQ:INSG • US45782B3024
Current stock price
11.65 USD
+0.34 (+3.01%)
At close:
11.65 USD
0 (0%)
After Hours:
INSG Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to INSG. Although INSG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month INSG has a been trading in the 10.69 - 14.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, INSG did better than 83% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- INSG is part of the Communications Equipment industry. There are 48 other stocks in this industry, INSG did better than 44% of them.
- INSG 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 INSG is lagging the market slightly.
INSG Weekly and Daily overview Charts
INSG Setup Rating and Analysis
INSG has an average technical rating and the quality of the presented setup is also 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
INSG Support and Resistance Analysis
9.86
16.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.97 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.65 from a trend line in the weekly time frame.
- Support @10.48 from a trend line in the daily time frame.
- Support @9.96 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @12.34 from a trend line in the daily time frame.
- A resistance zone ranging from 12.63 to 12.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.96 from a trend line in the daily time frame.
- Resistance @16.08 from a trend line in the weekly time frame.
INSG 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 | NEUTRAL | NEUTRAL | The long term trend for INSG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INSG is neutral. |
| ChartMill Relative Strength | 83.05 | POSITIVE | INSG has a high relative strength, it outperformed 83.05% 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) | UP | POSITIVE | The current price of INSG is above the rising 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) | 50.28 | NEUTRAL | The RSI value for INSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests INSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.24 | NEUTRAL | The Stochastics value for INSG is a neutral value. |
| Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for INSG suggests a weak or negative trend. |
INSG 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)
INSG Technicals: Chart, Performance Metrics, Trend & Indicators
11.65
+0.34 (+3.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.01%
1 Week-3.16%
2 Weeks-0.85%
1 Month-14.02%
3 Month8.47%
6 Month-19.15%
12 Month34.06%
2 Year316.07%
3 Year100.03%
5 Year-88.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%7%
ATR Inc-33.34%
Range Today0.53
ADR(20)0.77
ADR(20)%6.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.05
3 months CRS84.97
6 months CRS23.32
Mansfield0.99
10 Day High13.16
10 Day Low10.86
20 Day High14.1
20 Day Low10.69
52 Week High18.11
52 Week Low6.24
CS1 End10.97
CR1 Start12.34
Volume & EV
DER(3)2.5%
DER(5)-2.11%
Volume143.17K
Volume Incr-12.35%
Vol(5)199.99K
Vol(50)192.05K
INSEEGO CORP / INSG TA FAQ
Can you provide the ChartMill technical rating for INSEEGO CORP?
ChartMill assigns a technical rating of 5 / 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 50.2845. 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 -0.0764783, indicating a bearish trend.