INSMED INC (INSM) Stock Technical Analysis
NASDAQ:INSM - Nasdaq - US4576693075 - Common Stock - Currency: USD
Taking everything into account, INSM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, INSM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
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 one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 555 stocks in the same industry.
INSM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so INSM is lagging the market slightly.
In the last month INSM has a been trading in the 67.81 - 106.83 range, which is quite wide. It is currently trading near the high of this range.
INSM has an average volume of 3943790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, INSM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
64.16
100.48
6 important support areas can be observed.
- A support zone ranging from 99.48 to 99.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.32 from a trend line in the daily time frame.
- Support @73.02 from a horizontal line in the daily time frame.
- Support @71.11 from a trend line in the weekly time frame.
- A support zone ranging from 66.29 to 66.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @64.81 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for INSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INSM is up. |
| ChartMill Relative Strength | 91.38 | POSITIVE | INSM has a high relative strength, it outperformed 91.38% 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) | 66.23 | NEUTRAL | The RSI value for INSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests INSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.75 | OVERBOUGHT | The high Stochastics value suggests INSM may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for INSM suggests some volalility. |
| Average Directional Index/ADX (14) | 44.07 | POSITIVE | The high ADX value value for INSM 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 106.84 | 99.47 | 7.37 (6.90%) | 14.50% |
| An entry @106.84. This is a Buy Stop order right above the 10 day high. | An exit @99.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.37 points, which is 6.90%. | For a 1.00% total portfolio risk, you can invest 14.50% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of INSM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
99.49
-2.25 (-2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.21%
1 Week-3.11%
2 Weeks2.69%
1 Month43.75%
3 Month27.57%
6 Month42.92%
12 Month48.49%
2 Year371.52%
3 Year404.51%
5 Year261.26%
10 Year307.41%
15 Year14749.3%
Volatility
ATR(14)5.05
ATR(20)%4.29%
ATR Inc-15.33%
Range Today3.41
ADR(20)3.5
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.38
Mansfield2.43
10 Day High106.83
10 Day Low96.01
20 Day High106.83
20 Day Low67.81
52 Week High106.83
52 Week Low60.4
CS1 End99.48
CR1 StartN/A
Volume & EV
DER(3)-0.9%
DER(5)0.92%
Volume34.49M
Volume Incr136.31%
Vol(5)9.98M
Vol(50)3.94M