IDENTIV INC (INVE) Technical Analysis
NASDAQ:INVE • US45170X2053
Current stock price
3.67 USD
-0.12 (-3.17%)
At close:
3.5863 USD
-0.08 (-2.28%)
After Hours:
INVE Technical Rating and Analysis
Taking everything into account, INVE scores 6 out of 10 in our technical rating. In the past year, INVE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Looking at the yearly performance, INVE did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- INVE is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 52% of 124 stocks in the same industry.
- INVE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INVE is lagging the market slightly.
- In the last month INVE has a been trading in the 3.10 - 4.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INVE Weekly and Daily overview Charts
INVE Setup Rating and Analysis
INVE 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
INVE Support and Resistance Analysis
3.04
4.06
3 important support areas can be observed.
- A support zone ranging from 3.48 to 3.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.33 to 3.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.07 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @3.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.01 to 4.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
INVE 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 INVE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INVE is up. |
| ChartMill Relative Strength | 76.16 | POSITIVE | INVE has a high relative strength, it outperformed 76.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INVE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INVE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.61 | NEUTRAL | The RSI value for INVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests INVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.79 | NEUTRAL | The Stochastics value for INVE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.71 | HIGH VOLATILITY | The high ATR as a percentage value for INVE suggests high volalility. |
| Average Directional Index/ADX (14) | 40.14 | POSITIVE | The high ADX value value for INVE suggests a strong trend. |
INVE Chart- and CandleStick Pattern Analysis
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)
INVE Example Setup
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 |
|---|---|---|---|
| 3.91 | 3.47 | 0.44 (11.25%) | 8.89% |
| An entry @3.91. This is a Buy Stop order right above the resistance zone. | An exit @3.47. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.44 points, which is 11.25%. | For a 1.00% total portfolio risk, you can invest 8.89% of your capital in this trade. |
- 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.
INVE Technicals: Chart, Performance Metrics, Trend & Indicators
3.67
-0.12 (-3.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-3.17%
1 Week16.88%
2 Weeks3.97%
1 Month16.51%
3 Month7%
6 Month0.82%
12 Month16.14%
2 Year-53.66%
3 Year-40.23%
5 Year-67.98%
10 Year69.91%
15 Year-85.94%
Volatility
ATR(14)0.29
ATR(20)%6.71%
ATR Inc8.17%
Range Today0.22
ADR(20)0.24
ADR(20)%6.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.16
3 months CRS84.92
6 months CRS66.87
Mansfield0.77
10 Day High4.08
10 Day Low3.1
20 Day High4.08
20 Day Low3.1
52 Week High4.08
52 Week Low2.86
CS1 End3.5
CR1 Start3.9
Volume & EV
DER(3)3.11%
DER(5)1.43%
Volume74.50K
Volume Incr272.89%
Vol(5)276.70K
Vol(50)73.08K
IDENTIV INC / INVE TA FAQ
Can you provide the ChartMill technical rating for IDENTIV INC?
ChartMill assigns a technical rating of 6 / 10 to INVE.
What is the current trend direction of IDENTIV INC (INVE) stock?
The current trend direction for IDENTIV INC (INVE) is Bearish.
Can you provide the RSI signal for IDENTIV INC?
IDENTIV INC (INVE) has an RSI value of 58.6061. This indicates that the stock is currently neutral.
What is the short term momentum for IDENTIV INC (INVE) stock?
The short term momentum for IDENTIV INC (INVE) is positive.