Instructure Holdings Inc (INST) Stock Technical Analysis
NYSE:INST - New York Stock Exchange, Inc. - US4577901030 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to INST. INST has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
75% of all other stocks performed better in the past year than INST.
INST is part of the Software industry. There are 284 other stocks in this industry, of which 62% are performing better than INST.
Both the short term and long term trends are positive. This is a very positive sign.
INST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INST is lagging the market.
In the last month INST has a been trading in a tight range between 23.47 and 23.77.
Volume is considerably higher in the last couple of days.
INST has an average technical rating and also the quality of the setup is only medium 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
22.50
28.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.38 to 23.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.73 to 22.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @23.82 from a trend line in the weekly time frame.
- Resistance @24.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.35 to 25.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.03 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 | UP | POSITIVE | The long term trend for INST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INST is up. |
| ChartMill Relative Strength | 25.29 | NEGATIVE | INST has a low relative strength, it was outperformed by 74.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.63 | NEUTRAL | The RSI value for INST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INST has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for INST is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for INST suggests low volalility. |
| Average Directional Index/ADX (14) | 35.55 | POSITIVE | The high ADX value value for INST 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)
23.6
+0.02 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.08%
1 Week0.13%
2 Weeks0.34%
1 Month0.34%
3 Month1.24%
6 Month16.43%
12 Month-6.65%
2 Year-6.01%
3 Year5.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.24%
ATR Inc123.81%
Range Today0.04
ADR(20)0.06
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.29
Mansfield-1.23
10 Day High23.77
10 Day Low23.48
20 Day High23.77
20 Day Low23.47
52 Week High28.25
52 Week Low18.98
CS1 End23.57
CR1 Start23.82
Volume & EV
DER(3)-0.26%
DER(5)1.22%
Volume2.69M
Volume Incr80.37%
Vol(5)1.05M
Vol(50)516.22K