Assure Holdings Corp (IOM.CA) Stock Technical Analysis
TSX-V:IOM - TSX Venture Exchange - Common Stock
Taking everything into account, IOM scores 4 out of 10 in our technical rating. IOM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month IOM has a been trading in the 5.30 - 7.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: IOM has an average volume of 1247 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that IOM is one of the better performing stocks in the market, outperforming 96% of all stocks.
IOM is part of the Health Care Providers & Services industry. There are 15 other stocks in this industry. IOM outperforms 100% of them.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
IOM 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 IOM is lagging the market slightly.
IOM has an average technical rating and it also does not offer a high 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
5.24
7.33
When analyzing the support we notice one important area.
- Support @5.29 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @7.26 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 | NEUTRAL | NEUTRAL | The long term trend for IOM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IOM.CA is down. |
| ChartMill Relative Strength | 96.79 | POSITIVE | IOM.CA has a high relative strength, it outperformed 96.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.83 | NEUTRAL | The RSI value for IOM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IOM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.44 | OVERSOLD | The low Stochastics value suggests IOM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for IOM.CA suggests high volalility. |
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)
TSX-V:IOM (1/31/2022, 7:00:00 PM)
5.4
-0.45 (-7.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-7.69%
1 Week-9.24%
2 Weeks-11.62%
1 Month-34.94%
3 Month-38.91%
6 Month111.77%
12 Month275%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%5.56%
ATR Inc110.21%
Range Today0.14
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.79
Mansfield4.07
10 Day High6.2
10 Day Low5.3
20 Day High7.76
20 Day Low5.3
52 Week High10
52 Week Low1.3
CS1 End5.29
CR1 Start7.26
Volume & EV
DER(3)-10.98%
DER(5)-10.29%
Volume4.82K
Volume Incr344.17%
Vol(5)3.81K
Vol(50)1.25K