Innerworkings Inc (INWK) Technical Analysis
NASDAQ:INWK
Current stock price
INWK Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to INWK. Both in the recent history as in the last year, INWK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month INWK has a been trading in the 2.82 - 3.00 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, INWK did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- INWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so INWK is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
INWK Weekly and Daily overview Charts
INWK Setup Rating and Analysis
Although INWK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
INWK Support and Resistance Analysis
2.78
We found 1 important support area.
- A support zone ranging from 2.81 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.00 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.42 from a horizontal line in the weekly time frame.
INWK 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 INWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INWK is up. |
| ChartMill Relative Strength | 91.82 | POSITIVE | INWK has a high relative strength, it outperformed 91.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INWK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INWK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 78.72 | OVERBOUGHT | The high RSI value suggests INWK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INWK has a positive trend. |
| Stochastics (14,3) | 95.37 | OVERBOUGHT | The high Stochastics value suggests INWK may be overbought. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for INWK suggests low volalility. |
INWK Chart- and CandleStick Pattern Analysis
INWK Technicals: Chart, Performance Metrics, Trend & Indicators
2.99
0 (-0.17%)
Innerworkings Inc / INWK TA FAQ
Can you provide the ChartMill technical rating for Innerworkings Inc?
ChartMill assigns a technical rating of 8 / 10 to INWK.
What is the current trend direction of Innerworkings Inc (INWK) stock?
The current trend direction for Innerworkings Inc (INWK) is Bullish.
Can you provide the RSI signal for Innerworkings Inc?
Innerworkings Inc (INWK) has an RSI value of 78.7195. This indicates that the stock is currently overbought.
What is the MACD signal for INWK stock?
The MACD indicator for Innerworkings Inc (INWK) has a value of 0.0066176, indicating a bearish trend.
What is the buy/sell signal for Innerworkings Inc (INWK) stock?
The buy/sell signal for Innerworkings Inc (INWK) is buy as both the short term and long term trends are positive.