INVO BIOSCIENCE INC (INVO) Technical Analysis
NASDAQ:INVO • US44984F4019
Current stock price
INVO Technical Rating and Analysis
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 currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- INVO is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, INVO did better than 45% of them.
INVO Weekly and Daily overview Charts
INVO Setup Rating and Analysis
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
INVO Support and Resistance Analysis
0.77
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.
We can see 2 important resistance areas.
- 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.
INVO 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 | 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. |
INVO Chart- and CandleStick Pattern Analysis
INVO Technicals: Chart, Performance Metrics, Trend & Indicators
0.833
-0.03 (-2.91%)
INVO BIOSCIENCE INC / INVO TA FAQ
Can you provide the ChartMill technical rating for INVO BIOSCIENCE INC?
ChartMill assigns a technical rating of 3 / 10 to INVO.
What is the current trend direction of INVO BIOSCIENCE INC (INVO) stock?
The current trend direction for INVO BIOSCIENCE INC (INVO) is Bearish.
What is the RSI signal for INVO stock?
INVO BIOSCIENCE INC (INVO) has an RSI value of 51.9188. This indicates that the stock is currently neutral.
What is the MACD signal for INVO stock?
The MACD indicator for INVO BIOSCIENCE INC (INVO) has a value of 0.0175263, indicating a bearish trend.
What is the buy/sell signal for INVO BIOSCIENCE INC (INVO) stock?
The buy/sell signal for INVO BIOSCIENCE INC (INVO) is hold as the short term and long term trends are mixed.