INNOVEX INTERNATIONAL INC (INVX) Stock Technical Analysis
USA - NYSE:INVX - US4576511079 - Common Stock
We assign a technical rating of 10 out of 10 to INVX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, INVX is showing a nice and steady performance.
Although INVX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
14.80
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.47 to 20.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.50 to 17.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.87 from a trend line in the daily time frame.
- Support @16.14 from a horizontal line in the daily time frame.
- Support @14.95 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for INVX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INVX is up. |
| ChartMill Relative Strength | 85.73 | POSITIVE | INVX has a high relative strength, it outperformed 85.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.97 | NEUTRAL | The RSI value for INVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests INVX has a positive trend. |
| Stochastics (14,3) | 91.51 | OVERBOUGHT | The high Stochastics value suggests INVX may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for INVX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.11 | NEUTRAL | The ADX value for INVX suggests a possible start of a new trend. |
20.67
+0.19 (+0.93%)
INNOVEX INTERNATIONAL INC / INVX FAQ
Can you provide the ChartMill technical rating for INNOVEX INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to INVX.
What is the current trend direction of INNOVEX INTERNATIONAL INC (INVX) stock?
The current trend direction for INNOVEX INTERNATIONAL INC (INVX) is Bullish.
What is the RSI signal for INVX stock?
INNOVEX INTERNATIONAL INC (INVX) has an RSI value of 69.969. This indicates that the stock is currently neutral.
What is the MACD signal for INVX stock?
The MACD indicator for INNOVEX INTERNATIONAL INC (INVX) has a value of 0.200058, indicating a bearish trend.
What are the support and resistance levels for INNOVEX INTERNATIONAL INC (INVX) stock?
INNOVEX INTERNATIONAL INC (INVX) has a support level at 17.68. Check the full technical report for our detailed analysis of INVX support and resistance levels.