INNOVIZ TECHNOLOGIES LTD (INVZ) Stock Technical Analysis
NASDAQ:INVZ • IL0011745804
Taking everything into account, INVZ scores 0 out of 10 in our technical rating. INVZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 74% of all other stocks performed better in the past year than INVZ.
- INVZ is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 67% of 124 stocks in the same industry do better.
- INVZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month INVZ has a been trading in the 0.80 - 1.05 range, which is quite wide. It is currently trading near the lows of this range.
- INVZ has an average volume of 4039610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
INVZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.85, a Stop Loss order could be placed below this zone.
More info and screens
0.84
When analyzing the support we notice one important area.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for INVZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INVZ is down. |
| ChartMill Relative Strength | 26.09 | NEGATIVE | INVZ has a low relative strength, it was outperformed by 73.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INVZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INVZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INVZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.78 | NEUTRAL | The RSI value for INVZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests INVZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.97 | NEUTRAL | The Stochastics value for INVZ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for INVZ suggests high volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for INVZ suggests a weak or negative trend. |
0.9051
+0.05 (+6.12%)
INNOVIZ TECHNOLOGIES LTD / INVZ FAQ
What is the ChartMill technical rating of INNOVIZ TECHNOLOGIES LTD (INVZ) stock?
ChartMill assigns a technical rating of 0 / 10 to INVZ.
What is the current trend direction of INNOVIZ TECHNOLOGIES LTD (INVZ) stock?
The current trend direction for INNOVIZ TECHNOLOGIES LTD (INVZ) is Bearish.
Can you provide the RSI signal for INNOVIZ TECHNOLOGIES LTD?
INNOVIZ TECHNOLOGIES LTD (INVZ) has an RSI value of 41.7829. This indicates that the stock is currently neutral.
What is the short term momentum for INVZ stock?
The short term momentum for INNOVIZ TECHNOLOGIES LTD (INVZ) is negative.
Can you provide the buy/sell signal for INNOVIZ TECHNOLOGIES LTD?
The buy/sell signal for INNOVIZ TECHNOLOGIES LTD (INVZ) is sell as both the short term and long term trends are negative.