INNVENTURE INC (INV) Technical Analysis
NASDAQ:INV • US45784M1080
Current stock price
INV Technical Rating and Analysis
Taking everything into account, INV scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. INV was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than INV.
- INV is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 71% are performing better than INV.
- INV 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 INV is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- INV has an average volume of 1745000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month INV has a been trading in the 2.62 - 4.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INV Weekly and Daily overview Charts
INV Setup Rating and Analysis
INV 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
INV Support and Resistance Analysis
2.52
We found 2 important support areas.
- Support @2.91 from a trend line in the daily time frame.
- Support @2.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.09 from a horizontal line in the weekly time frame.
- Resistance @4.47 from a trend line in the weekly time frame.
- Resistance @6.01 from a trend line in the daily time frame.
- Resistance @6.22 from a horizontal line in the daily time frame.
INV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for INV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INV is up. |
| ChartMill Relative Strength | 12.03 | NEGATIVE | INV has a low relative strength, it was outperformed by 87.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INV is above 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) | 53.29 | NEUTRAL | The RSI value for INV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.27 | NEUTRAL | The Stochastics value for INV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.99 | HIGH VOLATILITY | The high ATR as a percentage value for INV suggests high volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for INV suggests a weak or negative trend. |
INV Chart- and CandleStick Pattern Analysis
INV Technicals: Chart, Performance Metrics, Trend & Indicators
3.795
-0.21 (-5.24%)
INNVENTURE INC / INV TA FAQ
What is the ChartMill technical rating of INNVENTURE INC (INV) stock?
ChartMill assigns a technical rating of 4 / 10 to INV.
What is the current trend direction of INNVENTURE INC (INV) stock?
The current trend direction for INNVENTURE INC (INV) is Bearish.
What is the RSI signal for INNVENTURE INC (INV) stock?
INNVENTURE INC (INV) has an RSI value of 53.2888. This indicates that the stock is currently neutral.
What is the support and resistance level for INV stock?
INNVENTURE INC (INV) has a support level at 2.91 and a resistance level at 4.09. Check the full technical report for our detailed analysis of INV support and resistance levels.