Overall IOSP gets a technical rating of 4 out of 10. In the past year, IOSP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, IOSP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 80.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 78.33, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
69.91
We found 3 important support areas.
- A support zone ranging from 77.29 to 78.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.13 from a horizontal line in the weekly time frame.
- Support @70.62 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 80.05 to 80.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.48 from a horizontal line in the daily time frame.
- Resistance @88.84 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for IOSP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOSP is up. |
| ChartMill Relative Strength | 21.29 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 78.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOSP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.86 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests IOSP has a positive trend. |
| Stochastics (14,3) | 81.44 | OVERBOUGHT | The high Stochastics value suggests IOSP may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.78 | NEUTRAL | The ADX value for IOSP suggests a possible start of a new trend. |
80.04
+0.05 (+0.06%)
INNOSPEC INC / IOSP FAQ
Can you provide the ChartMill technical rating for INNOSPEC INC?
ChartMill assigns a technical rating of 4 / 10 to IOSP.
What is the current trend direction of INNOSPEC INC (IOSP) stock?
The current trend direction for INNOSPEC INC (IOSP) is Bearish.
What is the RSI signal for IOSP stock?
INNOSPEC INC (IOSP) has an RSI value of 63.8574. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INNOSPEC INC?
The short term momentum for INNOSPEC INC (IOSP) is positive.
What is the buy/sell signal for INNOSPEC INC (IOSP) stock?
The buy/sell signal for INNOSPEC INC (IOSP) is hold as the short term and long term trends are mixed.