INSPIRE MEDICAL SYSTEMS INC (INSP) Technical Analysis
NYSE:INSP • US4577301090
We assign a technical rating of 0 out of 10 to INSP. INSP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than INSP.
- INSP is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 82% of 184 stocks in the same industry do better.
- INSP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INSP is lagging the market.
- In the last month INSP has a been trading in the 53.11 - 86.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- INSP has an average volume of 1322750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
INSP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
57.67
When analyzing the resistance we notice one important area.
- Resistance @58.94 from a trend 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 | DOWN | NEGATIVE | The long term trend for INSP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INSP is down. |
| ChartMill Relative Strength | 3.46 | NEGATIVE | INSP has a low relative strength, it was outperformed by 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INSP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INSP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.71 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests INSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 7.21 | OVERSOLD | The low Stochastics value suggests INSP may be oversold. |
| Average True Range in percent/ATR (20) | 8.37 | HIGH VOLATILITY | The high ATR as a percentage value for INSP suggests high volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for INSP suggests a strong trend. |
INSP Technicals: Chart, Performance Metrics, Trend & Indicators
58.25
-1.72 (-2.87%)
INSPIRE MEDICAL SYSTEMS INC / INSP FAQ
What is the ChartMill technical rating of INSPIRE MEDICAL SYSTEMS INC (INSP) stock?
ChartMill assigns a technical rating of 0 / 10 to INSP.
Can you provide the trend direction for INSPIRE MEDICAL SYSTEMS INC?
The current trend direction for INSPIRE MEDICAL SYSTEMS INC (INSP) is Bearish.
What is the RSI signal for INSPIRE MEDICAL SYSTEMS INC (INSP) stock?
INSPIRE MEDICAL SYSTEMS INC (INSP) has an RSI value of 34.7105. This indicates that the stock is currently neutral.
What is the short term momentum for INSPIRE MEDICAL SYSTEMS INC (INSP) stock?
The short term momentum for INSPIRE MEDICAL SYSTEMS INC (INSP) is negative.
What are the support and resistance levels for INSPIRE MEDICAL SYSTEMS INC (INSP) stock?
INSPIRE MEDICAL SYSTEMS INC (INSP) has a resistance level at 58.94. Check the full technical report for our detailed analysis of INSP support and resistance levels.