Overall INVZ gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, INVZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.86
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for INVZ is neutral. |
| ChartMill Relative Strength | 7.37 | NEGATIVE | INVZ has a low relative strength, it was outperformed by 92.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVZ is above the rising 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) | UP | MIXED | The current price of INVZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.72 | NEUTRAL | The RSI value for INVZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INVZ has a positive trend. |
| Stochastics (14,3) | 45.54 | NEUTRAL | The Stochastics value for INVZ is a neutral value. |
| Average True Range in percent/ATR (20) | 9.15 | HIGH VOLATILITY | The high ATR as a percentage value for INVZ suggests high volalility. |
| Average Directional Index/ADX (14) | 18.03 | NEGATIVE | The low ADX value for INVZ suggests a weak or negative trend. |
1.13
+0.04 (+3.67%)
ChartMill assigns a technical rating of 1 / 10 to INVZ.
The current trend direction for INNOVIZ TECHNOLOGIES LTD (INVZ) is Bearish.
INNOVIZ TECHNOLOGIES LTD (INVZ) has an RSI value of 49.7238. This indicates that the stock is currently neutral.
The short term momentum for INNOVIZ TECHNOLOGIES LTD (INVZ) is neutral.