INSEEGO CORP (INSG) Stock Technical Analysis
NASDAQ:INSG - US45782B3024 - Common Stock
13.8 USD
+0.54 (+4.07%)
13.8 USD
0 (0%)
Overall INSG gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INSG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
In the last month INSG has a been trading in the 8.46 - 13.93 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that INSG is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
INSG is an average performer in the Communications Equipment industry, it outperforms 57% of 48 stocks in the same industry.
INSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INSG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although INSG has an excellent technical rating, the quality of the presented setup is 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
13.66
13.94
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 INSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INSG is up. |
| ChartMill Relative Strength | 87.71 | POSITIVE | INSG has a high relative strength, it outperformed 87.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INSG is above the rising 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) | 79.07 | OVERBOUGHT | The high RSI value suggests INSG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests INSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.15 | OVERBOUGHT | The high Stochastics value suggests INSG may be overbought. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 54.46 | POSITIVE | The high ADX value value for INSG suggests a strong 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)
13.8
+0.54 (+4.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg4.07%
1 Week7.73%
2 Weeks11.56%
1 Month49.67%
3 Month97.71%
6 Month42.27%
12 Month-22.34%
2 Year228.57%
3 Year-33.33%
5 Year-86.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%6.04%
ATR Inc-19.3%
Range Today0.78
ADR(20)0.79
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.71
Mansfield1.32
10 Day High13.93
10 Day Low11.88
20 Day High13.93
20 Day Low8.46
52 Week High20.67
52 Week Low6.24
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-0.12%
DER(5)4.77%
Volume244.30K
Volume Incr-45.24%
Vol(5)210.53K
Vol(50)239.14K