INNOVATIVE INTERNATIONAL A-A (IOAC) Technical Analysis
NASDAQ:IOAC • KYG4809M1096
Current stock price
IOAC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to IOAC. IOAC'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.
- When comparing the yearly performance of all stocks, IOAC is a bad performer in the overall market: 80% of all stocks are doing better.
- Warning: IOAC has an average volume of 15416 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month IOAC has a been trading in the 8.00 - 12.89 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- IOAC 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 IOAC is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
IOAC Weekly and Daily overview Charts
IOAC Setup Rating and Analysis
The technical rating of IOAC is bad and it also does not present a quality setup 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
IOAC Support and Resistance Analysis
9.50
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.61 to 9.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IOAC 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 | NEUTRAL | NEUTRAL | The long term trend for IOAC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOAC is neutral. |
| ChartMill Relative Strength | 20.28 | NEGATIVE | IOAC has a low relative strength, it was outperformed by 79.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.66 | NEUTRAL | The RSI value for IOAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IOAC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.83 | NEUTRAL | The Stochastics value for IOAC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.39 | HIGH VOLATILITY | The high ATR as a percentage value for IOAC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.92 | POSITIVE | The high ADX value value for IOAC suggests a strong trend. |
IOAC Chart- and CandleStick Pattern Analysis
IOAC Technicals: Chart, Performance Metrics, Trend & Indicators
9.6
-1.88 (-16.38%)
INNOVATIVE INTERNATIONAL A-A / IOAC TA FAQ
Can you provide the ChartMill technical rating for INNOVATIVE INTERNATIONAL A-A?
ChartMill assigns a technical rating of 2 / 10 to IOAC.
What is the trend direction for IOAC stock?
The current trend direction for INNOVATIVE INTERNATIONAL A-A (IOAC) is Bearish.
What is the RSI signal for IOAC stock?
INNOVATIVE INTERNATIONAL A-A (IOAC) has an RSI value of 45.6606. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INNOVATIVE INTERNATIONAL A-A?
The MACD indicator for INNOVATIVE INTERNATIONAL A-A (IOAC) has a value of 0.0463831, indicating a bearish trend.