Taking everything into account, INSG scores 0 out of 10 in our technical rating. INSG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
7.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.30 to 10.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.74 to 11.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.87 from a trend line in the daily time frame.
- Resistance @16.85 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 | NEUTRAL | NEUTRAL | The long term trend for INSG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INSG is down. |
| ChartMill Relative Strength | 36.66 | NEUTRAL | INSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INSG is above 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 | MIXED | The current price of INSG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.99 | NEUTRAL | The RSI value for INSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests INSG has a positive trend. |
| Stochastics (14,3) | 76.57 | NEUTRAL | The Stochastics value for INSG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 42.25 | POSITIVE | The high ADX value value for INSG suggests a strong trend. |
11.73
+0.19 (+1.65%)
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 trend direction for 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 47.9872. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INSEEGO CORP?
The short term momentum for INSEEGO CORP (INSG) is negative.
What are the support and resistance levels for INSEEGO CORP (INSG) stock?
INSEEGO CORP (INSG) has a support level at 10.42 and a resistance level at 11.74. Check the full technical report for our detailed analysis of INSG support and resistance levels.