Overall INVZ gets a technical rating of 2 out of 10. Although INVZ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
INVZ has a poor technical rating and the quality of the setup is also not perfect 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
0.63
We found 2 important support areas.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.64 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 | 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 | 85.99 | POSITIVE | INVZ has a high relative strength, it outperformed 85.99% 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) | UP | MIXED | The current price of INVZ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.59 | NEUTRAL | The RSI value for INVZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests INVZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.59 | OVERSOLD | The low Stochastics value suggests INVZ may be oversold. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for INVZ suggests high volalility. |
| Average Directional Index/ADX (14) | 30.13 | POSITIVE | The high ADX value value for INVZ suggests a strong trend. |
1.28
+0.06 (+4.92%)
INNOVIZ TECHNOLOGIES LTD / INVZ FAQ
What is the ChartMill technical rating of INNOVIZ TECHNOLOGIES LTD (INVZ) stock?
ChartMill assigns a technical rating of 2 / 10 to INVZ.
Can you provide the trend direction for INNOVIZ TECHNOLOGIES LTD?
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 31.5929. 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.
What are the support and resistance levels for INNOVIZ TECHNOLOGIES LTD (INVZ) stock?
INNOVIZ TECHNOLOGIES LTD (INVZ) has a support level at 1.21. Check the full technical report for our detailed analysis of INVZ support and resistance levels.