INSPIRE MEDICAL SYSTEMS INC (INSP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INSP - US4577301090 - Common Stock
Taking everything into account, INSP scores 2 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 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
91.30
We found 1 important support area.
- A support zone ranging from 92.22 to 92.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 97.26 to 97.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @131.37 from a trend line in the weekly time frame.
- Resistance @135.56 from a trend line in the weekly time frame.
- Resistance @141.58 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 | 19.2 | NEGATIVE | INSP has a low relative strength, it was outperformed by 80.8% 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) | UP | MIXED | The current price of INSP is below the rising 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) | 35.96 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.17 | NEGATIVE | The MACD value suggests INSP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.21 | OVERSOLD | The low Stochastics value suggests INSP may be oversold. |
| Average True Range in percent/ATR (20) | 8.14 | HIGH VOLATILITY | The high ATR as a percentage value for INSP suggests high volalility. |
| Average Directional Index/ADX (14) | 33.65 | POSITIVE | The high ADX value value for INSP suggests a strong trend. |
92.23
-0.34 (-0.37%)
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 2 / 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 35.9588. 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 support level at 92.22 and a resistance level at 97.26. Check the full technical report for our detailed analysis of INSP support and resistance levels.