INOZYME PHARMA INC (INZY) Stock Technical Analysis
NASDAQ:INZY - Nasdaq - US45790W1080 - Common Stock - Currency: USD
Overall INZY gets a technical rating of 9 out of 10. Both in the recent history as in the last year, INZY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
INZY is one of the better performing stocks in the Biotechnology industry, it outperforms 98% of 558 stocks in the same industry.
INZY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
INZY has an average volume of 2458050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that INZY is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
INZY 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 INZY is lagging the market slightly.
INZY has an excellent technical rating, but the quality of the setup is only medium 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
3.90
4.04
We found 1 important support area.
- A support zone ranging from 3.94 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 3.99 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 INZY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INZY is up. |
| ChartMill Relative Strength | 98.17 | POSITIVE | INZY has a high relative strength, it outperformed 98.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INZY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INZY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INZY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 86.01 | OVERBOUGHT | The high RSI value suggests INZY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests INZY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.59 | OVERBOUGHT | The high Stochastics value suggests INZY may be overbought. |
| Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for INZY suggests high volalility. |
| Average Directional Index/ADX (14) | 61.19 | POSITIVE | The high ADX value value for INZY suggests a strong 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)
3.98
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week0.76%
2 Weeks0.76%
1 Month215.87%
3 Month246.09%
6 Month54.86%
12 Month-14.04%
2 Year-28.55%
3 Year-16.56%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.53%
ATR Inc-92.18%
Range Today0.02
ADR(20)0.09
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.17
Mansfield1.52
10 Day High3.99
10 Day Low3.94
20 Day High3.99
20 Day Low1.05
52 Week High6.24
52 Week Low0.72
CS1 End3.97
CR1 Start3.99
Volume & EV
DER(3)-7.45%
DER(5)-5.59%
Volume1.49M
Volume Incr-64.07%
Vol(5)1.85M
Vol(50)2.46M