INSPIRE MEDICAL SYSTEMS INC (INSP) Stock Technical Analysis
NYSE:INSP - New York Stock Exchange, Inc. - US4577301090 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to INSP. INSP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, INSP is a bad performer in the overall market: 85% of all stocks are doing better.
INSP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INSP is lagging the market.
INSP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
INSP is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, INSP did better than 42% of them.
INSP has a poor technical rating and the quality of the setup is also not perfect 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
124.44
214.71
We found 2 important support areas.
- Support @136.01 from a horizontal line in the weekly time frame.
- Support @125.70 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 138.37 to 138.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 145.12 to 146.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 152.68 to 155.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @169.20 from a trend line in the weekly time frame.
- Resistance @212.58 from a horizontal 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 | 15.39 | NEGATIVE | INSP has a low relative strength, it was outperformed by 84.61% 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) | 35.37 | NEUTRAL | The RSI value for INSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.75 | NEGATIVE | The MACD value suggests INSP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.11 | NEUTRAL | The Stochastics value for INSP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for INSP suggests some volalility. |
| Average Directional Index/ADX (14) | 42.19 | 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)
136.02
+0.15 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.11%
1 Week-1.58%
2 Weeks-6.8%
1 Month-10.98%
3 Month-25.79%
6 Month-29.53%
12 Month-13.8%
2 Year-58.1%
3 Year-25.54%
5 Year56.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.89
ATR(20)%3.91%
ATR Inc6.28%
Range Today6.61
ADR(20)5.2
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.39
Mansfield-2.57
10 Day High147.66
10 Day Low131.03
20 Day High161.88
20 Day Low131.03
52 Week High225
52 Week Low123
CS1 End136.01
CR1 Start138.37
Volume & EV
DER(3)-0.36%
DER(5)-0.98%
Volume576.20K
Volume Incr2.36%
Vol(5)575.78K
Vol(50)499.16K