INSEEGO CORP (INSG) Stock Technical Analysis
NASDAQ:INSG - Nasdaq - US45782B3024 - Common Stock - Currency: USD
Overall INSG gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, INSG is a bad performer in the overall market: 89% of all stocks are doing better.
INSG is part of the Communications Equipment industry. There are 49 other stocks in this industry, of which 89% are performing better than INSG.
INSG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INSG is lagging the market.
In the last month INSG has a been trading in the 6.95 - 9.16 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 technical rating of INSG is bad and it also does not present a quality setup 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
6.78
7.91
We found 1 important support area.
- A support zone ranging from 6.85 to 6.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.46 to 7.49. 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 7.67 to 7.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 11.5 | NEGATIVE | INSG has a low relative strength, it was outperformed by 88.5% 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) | DOWN | NEGATIVE | The current price of INSG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.43 | NEUTRAL | The RSI value for INSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests INSG has a negative trend. |
| Stochastics (14,3) | 5.62 | OVERSOLD | The low Stochastics value suggests INSG may be oversold. |
| Average True Range in percent/ATR (20) | 6.88 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 9.38 | NEGATIVE | The low ADX value for INSG suggests a weak or negative 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)
6.98
-0.37 (-5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-5.03%
1 Week-8.88%
2 Weeks-6.68%
1 Month-9.7%
3 Month-28.04%
6 Month-36.26%
12 Month-24.05%
2 Year8.45%
3 Year-63.07%
5 Year-93.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%6.88%
ATR Inc-27.81%
Range Today0.41
ADR(20)0.46
ADR(20)%6.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.5
Mansfield-4.24
10 Day High7.86
10 Day Low6.95
20 Day High9.16
20 Day Low6.95
52 Week High20.67
52 Week Low6.24
CS1 End6.89
CR1 Start7.46
Volume & EV
DER(3)-2.65%
DER(5)-4.29%
Volume162.40K
Volume Incr-29.53%
Vol(5)96.34K
Vol(50)115.07K