INNOVEX INTERNATIONAL INC (INVX) Technical Analysis
NYSE:INVX • US4576511079
Current stock price
INVX Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that INVX is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, INVX also shows a nice and consistent pattern of rising prices.
- INVX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so INVX is lagging the market slightly.
- In the last month INVX has a been trading in the 24.04 - 27.80 range, which is quite wide. It is currently trading near the high of this range.
- INVX is an average performer in the Energy Equipment & Services industry, it outperforms 44% of 62 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
INVX Weekly and Daily overview Charts
INVX Setup Rating and Analysis
INVX has an excellent technical rating, but the quality of the setup is only medium 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
INVX Support and Resistance Analysis
23.77
We found 2 important support areas.
- A support zone ranging from 25.06 to 25.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.01 to 24.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
INVX 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 | 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 | 87.31 | POSITIVE | INVX has a high relative strength, it outperformed 87.31% 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) | 65.07 | NEUTRAL | The RSI value for INVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests INVX has a positive trend. |
| Stochastics (14,3) | 77.77 | NEUTRAL | The Stochastics value for INVX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for INVX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for INVX suggests a weak or negative trend. |
INVX Chart- and CandleStick Pattern Analysis
INVX Technicals: Chart, Performance Metrics, Trend & Indicators
27.46
+0.88 (+3.31%)
INNOVEX INTERNATIONAL INC / INVX TA FAQ
Can you provide the ChartMill technical rating for INNOVEX INTERNATIONAL INC?
ChartMill assigns a technical rating of 10 / 10 to INVX.
Can you provide the trend direction for INNOVEX INTERNATIONAL INC?
The current trend direction for INNOVEX INTERNATIONAL INC (INVX) is Bullish.
What is the RSI signal for INNOVEX INTERNATIONAL INC (INVX) stock?
INNOVEX INTERNATIONAL INC (INVX) has an RSI value of 65.0692. 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 0.170168, indicating a bearish trend.
What is the short term momentum for INVX stock?
The short term momentum for INNOVEX INTERNATIONAL INC (INVX) is positive.