INNOVEX INTERNATIONAL INC (INVX) Stock Technical Analysis
USA - New York Stock Exchange - 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, the quality of the presented setup is not ideal 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
15.07
We found 5 important support areas.
- A support zone ranging from 21.11 to 21.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 19.52 to 20.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.33 from a trend line in the daily time frame.
- Support @16.14 from a horizontal line in the daily time frame.
- Support @15.22 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 | 90.39 | POSITIVE | INVX has a high relative strength, it outperformed 90.39% 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) | 63.51 | NEUTRAL | The RSI value for INVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests INVX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.71 | OVERBOUGHT | The high Stochastics value suggests INVX may be overbought. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for INVX suggests some volalility. |
| Average Directional Index/ADX (14) | 45.3 | POSITIVE | The high ADX value value for INVX suggests a strong trend. |
22.35
-0.16 (-0.71%)
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 63.5079. 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 0.0811849, 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 21.22. Check the full technical report for our detailed analysis of INVX support and resistance levels.