INVO BIOSCIENCE INC (INVO) Stock Technical Analysis
NASDAQ:INVO - Nasdaq - US44984F4019 - Common Stock - Currency: USD
Taking everything into account, INVO scores 3 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. INVO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, INVO is a bad performer in the overall market: 86% of all stocks are doing better.
INVO is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 62% are performing better than INVO.
INVO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so INVO is lagging the market.
In the last month INVO has a been trading in the 0.63 - 1.42 range, which is quite wide. It is currently trading near the lows of this range.
INVO has an average volume of 1316250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
The technical rating of INVO 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
0.77
1.23
We found 1 important support area.
- A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in the daily 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 INVO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INVO is up. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | INVO has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INVO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.92 | NEUTRAL | The RSI value for INVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.48 | NEUTRAL | The Stochastics value for INVO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.85 | HIGH VOLATILITY | The high ATR as a percentage value for INVO suggests high volalility. |
| Average Directional Index/ADX (14) | 37.49 | POSITIVE | The high ADX value value for INVO suggests a strong 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)
0.833
-0.03 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.91%
1 Week-32.82%
2 Weeks24.33%
1 Month20.13%
3 Month1.59%
6 Month-15%
12 Month-35.92%
2 Year-96.38%
3 Year-98.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.85%
ATR Inc-37.87%
Range Today0.07
ADR(20)0.1
ADR(20)%12.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.33
Mansfield-2.98
10 Day High1.42
10 Day Low0.63
20 Day High1.42
20 Day Low0.63
52 Week High3.5
52 Week Low0.63
CS1 End0.78
CR1 Start0.86
Volume & EV
DER(3)-10.28%
DER(5)-6.25%
Volume125.20K
Volume Incr-59.26%
Vol(5)1.16M
Vol(50)1.32M