ASSURE HOLDINGS CORP (IONM)

US04625J3032 - Common Stock

0.5054  -0.02 (-4.28%)

After market: 0.495 -0.01 (-2.06%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to IONM. In the last year, IONM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

IONM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IONM is lagging the market.
In the last month IONM has a been trading in the 0.37 - 0.98 range, which is quite wide. It is currently trading near the lows of this range.
IONM is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 72% of 118 stocks in the same industry.
IONM has an average volume of 1302880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, IONM outperforms 61% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
IONM Weekly chart
IONM Daily chart
Setup Rating and Analysis

6

IONM 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 very little resistance above the current price. We notice that large players showed an interest for IONM 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.
Support and Resistance Analysis

0.22

0.52

When analyzing the support we can see 4 important areas.

  • Support @0.48 from a trend line in the daily time frame.
  • Support @0.45 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • Resistance @0.51 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.24
Mansfield-0.85
10 Day High0.98
10 Day Low0.37
20 Day High0.98
20 Day Low0.37
52 Week High4.11
52 Week Low0.2
Performance
1 Week-27.39%
2 Weeks14.86%
1 Month-18.15%
3 Month94.31%
6 Month100.48%
12 Month-78.12%
2 Year-98.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)45.62
LBB0.37
UBB0.84
IONM Daily chart

ASSURE HOLDINGS CORP

NASDAQ:IONM (5/3/2024, 7:00:02 PM)

After market: 0.495 -0.01 (-2.06%)

0.5054

-0.02 (-4.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.28%
1 Week-27.39%
2 Weeks14.86%
1 Month-18.15%
3 Month94.31%
6 Month100.48%
12 Month-78.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%26.3%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.98
10 Day Low0.37
20 Day High0.98
20 Day Low0.37
52 Week High4.11
52 Week Low0.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume263.80K
Volume Incr14.18%
Vol(5)468.74K
Vol(50)1.30M