USA - NASDAQ:INV - US45784M1080 - Common Stock
Overall INV gets a technical rating of 0 out of 10. INV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
INV 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.
2.87
We can see 2 important resistance areas.
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 INV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INV is down. |
| ChartMill Relative Strength | 2.35 | NEGATIVE | INV has a low relative strength, it was outperformed by 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.62 | NEUTRAL | The RSI value for INV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INV has a positive trend. |
| Stochastics (14,3) | 23.17 | NEUTRAL | The Stochastics value for INV is a neutral value. |
| Average True Range in percent/ATR (20) | 20.9 | HIGH VOLATILITY | The high ATR as a percentage value for INV suggests high volalility. |
| Average Directional Index/ADX (14) | 30.56 | POSITIVE | The high ADX value value for INV suggests a strong trend. |
2.9
+0.35 (+13.73%)
ChartMill assigns a technical rating of 0 / 10 to INV.
The current trend direction for INNVENTURE INC (INV) is Bearish.
INNVENTURE INC (INV) has an RSI value of 38.6159. This indicates that the stock is currently neutral.
The short term momentum for INNVENTURE INC (INV) is negative.
INNVENTURE INC (INV) has a resistance level at 5.28. Check the full technical report for our detailed analysis of INV support and resistance levels.