INVO BIOSCIENCE INC (INVO)

US44984F4019 - Common Stock

1.06  +0.08 (+8.16%)

After market: 1.03 -0.03 (-2.83%)

Technical Rating and Analysis

3

Taking everything into account, INVO scores 3 out of 10 in our technical rating. In the past year, INVO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than INVO.
INVO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 72% of 192 stocks in the same industry do better.
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 0.70 - 3.50 range, which is quite wide. It is currently trading near the lows of this range.
INVO has an average volume of 4821740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
INVO Weekly chart
INVO Daily chart
Setup Rating and Analysis

4

INVO has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

0.77

1.81

We found 3 important support areas.

  • A support zone ranging from 0.97 to 0.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.85 from a trend line in the weekly time frame.
  • Support @0.78 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 1.06 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.68 from a trend line in the daily time frame.
  • Resistance @1.79 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.63
Mansfield-5.3
10 Day High3.5
10 Day Low0.7
20 Day High3.5
20 Day Low0.7
52 Week High8.6
52 Week Low0.5
Performance
1 Week-14.52%
2 Weeks38.2%
1 Month4.95%
3 Month10.3%
6 Month-18.46%
12 Month-85.81%
2 Year-96.49%
3 Year-98.71%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)49.32
LBB0.5
UBB1.72
INVO Daily chart

INVO BIOSCIENCE INC

NASDAQ:INVO (4/29/2024, 7:07:16 PM)

After market: 1.03 -0.03 (-2.83%)

1.06

+0.08 (+8.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.16%
1 Week-14.52%
2 Weeks38.2%
1 Month4.95%
3 Month10.3%
6 Month-18.46%
12 Month-85.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%28.3%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.5
10 Day Low0.7
20 Day High3.5
20 Day Low0.7
52 Week High8.6
52 Week Low0.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume315.50K
Volume Incr-96.23%
Vol(5)449.28K
Vol(50)4.82M