INSPIRE MEDICAL SYSTEMS INC (INSP) Technical Analysis
NYSE:INSP • US4577301090
Current stock price
INSP Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, INSP is a bad performer in the overall market: 96% of all stocks are doing better.
- INSP is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 76% of 188 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.
- INSP has an average volume of 1336960 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 48.30 - 63.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INSP Weekly and Daily overview Charts
INSP Setup Rating and Analysis
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
INSP Support and Resistance Analysis
54.44
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.00 to 55.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
INSP 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 | 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 | 4.83 | NEGATIVE | INSP has a low relative strength, it was outperformed by 95.17% 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) | 43.43 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests INSP has a positive trend. |
| Stochastics (14,3) | 39.2 | NEUTRAL | The Stochastics value for INSP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for INSP suggests high volalility. |
| Average Directional Index/ADX (14) | 20.36 | NEUTRAL | The ADX value for INSP suggests a possible start of a new trend. |
INSP Chart- and CandleStick Pattern Analysis
INSP Technicals: Chart, Performance Metrics, Trend & Indicators
54.99
+1.35 (+2.52%)
INSPIRE MEDICAL SYSTEMS INC / INSP TA 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 INSP stock?
INSPIRE MEDICAL SYSTEMS INC (INSP) has an RSI value of 43.4252. This indicates that the stock is currently neutral.
What is the MACD signal for INSP stock?
The MACD indicator for INSPIRE MEDICAL SYSTEMS INC (INSP) has a value of 0.607044, indicating a bearish trend.
Can you provide the buy/sell signal for INSPIRE MEDICAL SYSTEMS INC?
The buy/sell signal for INSPIRE MEDICAL SYSTEMS INC (INSP) is sell as both the short term and long term trends are negative.