INSPIRE MEDICAL SYSTEMS INC (INSP) Technical Analysis
NYSE:INSP • US4577301090
Current stock price
INSP Technical Rating and Analysis
Taking everything into account, INSP scores 1 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, INSP is a bad performer in the overall market: 95% of all stocks are doing better.
- INSP is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 75% of 187 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month INSP has a been trading in the 48.30 - 58.98 range, which is quite wide. It is currently trading near the high of this range.
- INSP has an average volume of 1142320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
INSP Weekly and Daily overview Charts
INSP Setup Rating and Analysis
Although the technical rating is bad, INSP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 57.28. Right above this resistance zone may be a good entry point.
More info and screens
INSP Support and Resistance Analysis
55.27
We found 1 important support area.
- A support zone ranging from 55.83 to 56.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 57.28 to 57.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.86 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for INSP is neutral. |
| ChartMill Relative Strength | 5.61 | NEGATIVE | INSP has a low relative strength, it was outperformed by 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INSP is above the rising 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) | 50.52 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests INSP has a positive trend. |
| Stochastics (14,3) | 55.59 | NEUTRAL | The Stochastics value for INSP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for INSP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.76 | NEGATIVE | The low ADX value for INSP suggests a weak or negative trend. |
INSP Chart- and CandleStick Pattern Analysis
INSP Technicals: Chart, Performance Metrics, Trend & Indicators
56.31
-0.04 (-0.07%)
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 1 / 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 50.5227. 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 0.497667, indicating a bearish trend.