INUVO INC (INUV) Technical Analysis
NYSEARCA:INUV • US46122W3034
Overall INUV gets a technical rating of 4 out of 10. In the past year, INUV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, INUV is a bad performer in the overall market: 83% of all stocks are doing better.
- INUV 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 INUV is lagging the market.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- INUV is an average performer in the Software industry, it outperforms 60% of 277 stocks in the same industry.
- In the last month INUV has a been trading in the 1.72 - 3.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
INUV has an average technical rating and it also does not offer a high 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
1.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.64 to 2.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.48 to 2.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.92 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @3.01 from a horizontal line in the weekly time frame.
- Resistance @3.10 from a trend line in the daily time frame.
- Resistance @3.44 from a trend line in the daily time frame.
- Resistance @3.65 from a horizontal line in the daily time frame.
- Resistance @4.18 from a trend 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 | DOWN | NEGATIVE | The long term trend for INUV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INUV is up. |
| ChartMill Relative Strength | 17.67 | NEGATIVE | INUV has a low relative strength, it was outperformed by 82.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INUV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INUV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INUV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.75 | NEUTRAL | The RSI value for INUV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests INUV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.31 | NEUTRAL | The Stochastics value for INUV is a neutral value. |
| Average True Range in percent/ATR (20) | 10.52 | HIGH VOLATILITY | The high ATR as a percentage value for INUV suggests high volalility. |
| Average Directional Index/ADX (14) | 26.38 | POSITIVE | The high ADX value value for INUV suggests a strong trend. |
INUV Technicals: Chart, Performance Metrics, Trend & Indicators
2.66
+0.01 (+0.38%)
INUVO INC / INUV FAQ
Can you provide the ChartMill technical rating for INUVO INC?
ChartMill assigns a technical rating of 4 / 10 to INUV.
Can you provide the trend direction for INUVO INC?
The current trend direction for INUVO INC (INUV) is Bearish.
What is the RSI signal for INUVO INC (INUV) stock?
INUVO INC (INUV) has an RSI value of 55.7506. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for INUVO INC?
The buy/sell signal for INUVO INC (INUV) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for INUVO INC?
INUVO INC (INUV) has a support level at 2.49 and a resistance level at 2.67. Check the full technical report for our detailed analysis of INUV support and resistance levels.