INSMED INC (INSM) Technical Analysis
NASDAQ:INSM • US4576693075
Current stock price
INSM Technical Rating and Analysis
Taking everything into account, INSM scores 8 out of 10 in our technical rating. Although INSM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that INSM is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, INSM also shows a nice and consistent pattern of rising prices.
- INSM is part of the Biotechnology industry. There are 517 other stocks in this industry. INSM outperforms 74% of them.
- In the last month INSM has a been trading in the 135.73 - 166.00 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- INSM has an average volume of 2454730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INSM 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 INSM is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INSM Weekly and Daily overview Charts
INSM Setup Rating and Analysis
Although INSM has an excellent technical rating, it does not present a decent entry opportunity 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
INSM Support and Resistance Analysis
104.52
We found 3 important support areas.
- Support @138.03 from a trend line in the daily time frame.
- Support @135.59 from a horizontal line in the daily time frame.
- Support @105.58 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 162.44 to 164.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
INSM 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 INSM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INSM is up. |
| ChartMill Relative Strength | 91.81 | POSITIVE | INSM has a high relative strength, it outperformed 91.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.92 | NEUTRAL | The RSI value for INSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.06 | POSITIVE | The MACD value suggests INSM has a positive trend. |
| Stochastics (14,3) | 93.99 | OVERBOUGHT | The high Stochastics value suggests INSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for INSM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for INSM suggests a weak or negative trend. |
INSM Chart- and CandleStick Pattern Analysis
INSM Technicals: Chart, Performance Metrics, Trend & Indicators
162.43
-2.43 (-1.47%)
INSMED INC / INSM TA FAQ
Can you provide the ChartMill technical rating for INSMED INC?
ChartMill assigns a technical rating of 8 / 10 to INSM.
Can you provide the trend direction for INSMED INC?
The current trend direction for INSMED INC (INSM) is Bearish.
Can you provide the RSI signal for INSMED INC?
INSMED INC (INSM) has an RSI value of 61.9158. This indicates that the stock is currently neutral.
What is the MACD signal for INSM stock?
The MACD indicator for INSMED INC (INSM) has a value of 3.06017, indicating a bullish trend.
Can you provide the short term momentum for INSMED INC?
The short term momentum for INSMED INC (INSM) is positive.