INSPIRE MEDICAL SYSTEMS INC (INSP) Stock Technical Analysis
NYSE:INSP - US4577301090 - Common Stock
91.75 USD
-1.17 (-1.26%)
89 USD
-2.75 (-3%)
Taking everything into account, INSP scores 0 out of 10 in our technical rating. 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.
96% of all other stocks performed better in the past year than INSP.
INSP is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 79% are performing better than INSP.
INSP 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.
INSP has an average volume of 1017150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month INSP has a been trading in the 73.92 - 133.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of INSP 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
90.83
220.21
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 95.07 to 95.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 114.38 to 116.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @119.14 from a trend line in the daily time frame.
- Resistance @159.18 from a trend line in the weekly time frame.
- Resistance @218.03 from a horizontal line in the weekly 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 | 4.03 | NEGATIVE | INSP has a low relative strength, it was outperformed by 95.97% 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) | 39.67 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.82 | POSITIVE | The MACD value suggests INSP has a positive trend. |
| Stochastics (14,3) | 87.13 | OVERBOUGHT | The high Stochastics value suggests INSP may be overbought. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for INSP suggests high volalility. |
| Average Directional Index/ADX (14) | 29.23 | POSITIVE | The high ADX value value for INSP 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)
91.75
-1.17 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.26%
1 Week1.88%
2 Weeks9.32%
1 Month-29.2%
3 Month-33.61%
6 Month-50.56%
12 Month-48.98%
2 Year-59.56%
3 Year-52.09%
5 Year-23.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.99
ATR(20)%7.97%
ATR Inc-65.16%
Range Today1.98
ADR(20)5.19
ADR(20)%5.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.03
Mansfield-4.94
10 Day High96.11
10 Day Low82.68
20 Day High133.95
20 Day Low73.92
52 Week High225
52 Week Low73.92
CS1 EndN/A
CR1 Start95.07
Volume & EV
DER(3)-0.33%
DER(5)0.65%
Volume662.80K
Volume Incr-51.09%
Vol(5)784.78K
Vol(50)1.02M