INSIGHT SELECT INCOME FUND (INSI) Stock Technical Analysis
NYSE:INSI • US45781W1099
Taking everything into account, INSI scores 0 out of 10 in our technical rating. INSI'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.
- When comparing the yearly performance of all stocks, INSI is a bad performer in the overall market: 67% of all stocks are doing better.
- INSI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- INSI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of INSI 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
15.58
2 important support areas can be observed.
- Strong support @16.14 from a horizontal line in the daily time frame.
- A support zone ranging from 15.74 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.33 to 16.59. 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 16.86 to 17.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.66 to 18.00. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for INSI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INSI is down. |
| ChartMill Relative Strength | 33.55 | NEUTRAL | INSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of INSI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.79 | NEUTRAL | The RSI value for INSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests INSI has a negative trend. |
| Stochastics (14,3) | 21.19 | NEUTRAL | The Stochastics value for INSI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.44 | LOW VOLATILITY | The low ATR as a percentage value for INSI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for INSI suggests a possible start of a new trend. |
16.23
-0.18 (-1.1%)
INSIGHT SELECT INCOME FUND / INSI FAQ
What is the technical rating for INSI stock?
ChartMill assigns a technical rating of 0 / 10 to INSI.
What is the trend direction for INSI stock?
The current trend direction for INSIGHT SELECT INCOME FUND (INSI) is Bearish.
Can you provide the RSI signal for INSIGHT SELECT INCOME FUND?
INSIGHT SELECT INCOME FUND (INSI) has an RSI value of 31.7899. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INSIGHT SELECT INCOME FUND?
The short term momentum for INSIGHT SELECT INCOME FUND (INSI) is negative.
What are the support and resistance levels for INSIGHT SELECT INCOME FUND (INSI) stock?
INSIGHT SELECT INCOME FUND (INSI) has a support level at 16.14 and a resistance level at 16.33. Check the full technical report for our detailed analysis of INSI support and resistance levels.