INTER & CO INC - CL A (INTR) Stock Technical Analysis
NASDAQ:INTR • KYG4R20B1074
Overall INTR gets a technical rating of 7 out of 10. INTR was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month INTR has a been trading in the 8.44 - 10.11 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, INTR did better than 84% of all other stocks. We also observe that the gains produced by INTR over the past year are nicely spread over this period.
- INTR is one of the better performing stocks in the Banks industry, it outperforms 90% of 379 stocks in the same industry.
- INTR has an average volume of 2996050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INTR is lagging the market.
Besides having an excellent technical rating, INTR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.63, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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7.85
We found 3 important support areas.
- A support zone ranging from 8.57 to 8.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.08 to 8.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.93 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.81 to 8.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.26 from a horizontal line in the daily time frame.
- Resistance @9.47 from a horizontal line in the weekly time frame.
- Resistance @10.02 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 | UP | POSITIVE | The long term trend for INTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INTR is neutral. |
| ChartMill Relative Strength | 84.53 | POSITIVE | INTR has a high relative strength, it outperformed 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INTR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.56 | NEUTRAL | The RSI value for INTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests INTR has a negative trend. |
| Stochastics (14,3) | 26.35 | NEUTRAL | The Stochastics value for INTR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for INTR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.28 | NEGATIVE | The low ADX value for INTR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.00 | 8.56 | 0.44 (4.89%) | 20.45% |
| An entry @9.00. This is a Buy Stop order right above the resistance zone. | An exit @8.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.44 points, which is 4.89%. | When investing 20.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of INTR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.71
-0.18 (-2.02%)
INTER & CO INC - CL A / INTR FAQ
Can you provide the ChartMill technical rating for INTER & CO INC - CL A?
ChartMill assigns a technical rating of 7 / 10 to INTR.
What is the trend direction for INTR stock?
The current trend direction for INTER & CO INC - CL A (INTR) is Bullish.
What is the RSI signal for INTR stock?
INTER & CO INC - CL A (INTR) has an RSI value of 46.5615. This indicates that the stock is currently neutral.
What are the support and resistance levels for INTER & CO INC - CL A (INTR) stock?
INTER & CO INC - CL A (INTR) has a support level at 8.63 and a resistance level at 8.81. Check the full technical report for our detailed analysis of INTR support and resistance levels.