IDENTIV INC (INVE) Stock Technical Analysis
USA - NASDAQ:INVE - US45170X2053 - Common Stock
3.52 USD
-0.2 (-5.38%)
3.45 USD
-0.07 (-1.99%)
Overall INVE gets a technical rating of 1 out of 10. INVE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, INVE is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month INVE has a been trading in the 3.50 - 4.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
INVE is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 40% of 123 stocks in the same industry.
INVE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INVE is lagging the market.
The technical rating of INVE is bad and it also does not present a 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
3.04
4.06
When analyzing the support we can see 4 important areas.
- Support @3.51 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.40 to 3.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.33 from a trend line in the daily time frame.
- Support @3.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.56 from a trend line in the daily 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.
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 | DOWN | NEGATIVE | The short term trend for INVE is down. |
| ChartMill Relative Strength | 35.57 | NEUTRAL | INVE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INVE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INVE is below a declining 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) | 41.66 | NEUTRAL | The RSI value for INVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests INVE has a negative trend. |
| Stochastics (14,3) | 15.51 | OVERSOLD | The low Stochastics value suggests INVE may be oversold. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for INVE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.66 | NEGATIVE | The low ADX value for INVE suggests a weak or negative trend. |
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)
3.52
-0.2 (-5.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-5.38%
1 Week-9.97%
2 Weeks-8.81%
1 Month0.28%
3 Month-0.56%
6 Month6.99%
12 Month-3.3%
2 Year-49.13%
3 Year-57.84%
5 Year-48.91%
10 Year19.32%
15 Year-85.08%
Volatility
ATR(14)0.22
ATR(20)%6.9%
ATR Inc-11.22%
Range Today0.21
ADR(20)0.23
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.57
3 months CRS37.27
6 months CRS57.84
Mansfield-0.95
10 Day High4.07
10 Day Low3.5
20 Day High4.07
20 Day Low3.5
52 Week High4.29
52 Week Low2.86
CS1 End3.51
CR1 Start3.56
Volume & EV
DER(3)-6.99%
DER(5)0.53%
Volume33.00K
Volume Incr40.69%
Vol(5)61.04K
Vol(50)36.87K
IDENTIV INC / INVE FAQ
Can you provide the ChartMill technical rating for IDENTIV INC?
ChartMill assigns a technical rating of 1 / 10 to INVE.
What is the trend direction for 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 41.6585. This indicates that the stock is currently neutral.
What is the short term momentum for INVE stock?
The short term momentum for IDENTIV INC (INVE) is negative.