INNOVIZ TECHNOLOGIES -CW26 (INVZW) Stock Technical Analysis
NASDAQ:INVZW - Nasdaq - - Currency: USD
Taking everything into account, INVZW scores 5 out of 10 in our technical rating. In the past year, INVZW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, INVZW is a bad performer in the overall market: 90% of all stocks are doing better.
INVZW 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month INVZW has a been trading in the 0.07 - 0.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
INVZW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.09, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INVZW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.08
0.15
We found 2 important support areas.
- A support zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.11 from a trend line in the daily time frame.
- Resistance @0.12 from a horizontal line in the daily time frame.
- Resistance @0.15 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 INVZW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INVZW is up. |
| ChartMill Relative Strength | 10.32 | NEGATIVE | INVZW has a low relative strength, it was outperformed by 89.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INVZW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INVZW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INVZW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.36 | NEUTRAL | The RSI value for INVZW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INVZW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.57 | NEUTRAL | The Stochastics value for INVZW is a neutral value. |
| Average True Range in percent/ATR (20) | 17.04 | HIGH VOLATILITY | The high ATR as a percentage value for INVZW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.63 | NEGATIVE | The low ADX value for INVZW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.0949
-0.01 (-5.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.1%
1 Week7.23%
2 Weeks26.36%
1 Month1.28%
3 Month10.86%
6 Month-17.98%
12 Month-47.28%
2 Year-92.09%
3 Year-94.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%17.04%
ATR Inc-40.13%
Range Today0.01
ADR(20)0.02
ADR(20)%16.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.32
Mansfield-2.18
10 Day High0.11
10 Day Low0.08
20 Day High0.14
20 Day Low0.08
52 Week High0.3
52 Week Low0.04
CS1 End0.09
CR1 Start0.1
Volume & EV
DER(3)-4.61%
DER(5)3.38%
Volume42.80K
Volume Incr-64.88%
Vol(5)82.62K
Vol(50)163.47K