INNOSPEC INC (IOSP) Stock Technical Analysis
NASDAQ:IOSP - Nasdaq - US45768S1050 - Common Stock - Currency: USD
Taking everything into account, IOSP scores 1 out of 10 in our technical rating. IOSP'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, IOSP is a bad performer in the overall market: 89% of all stocks are doing better.
IOSP is one of the lesser performing stocks in the Chemicals industry. 73% of 85 stocks in the same industry do better.
IOSP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IOSP has a been trading in the 82.20 - 90.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IOSP has a poor technical rating and the quality of the setup is also 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
81.71
117.24
When analyzing the support we notice one important area.
- A support zone ranging from 82.54 to 83.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 87.75 to 89.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @116.08 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 | NEUTRAL | NEUTRAL | The short term trend for IOSP is neutral. |
| ChartMill Relative Strength | 11.82 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 88.18% 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) | DOWN | MIXED | The current price of IOSP is above a declining 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) | 52.56 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests IOSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.41 | NEUTRAL | The Stochastics value for IOSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.64 | NEGATIVE | The low ADX value for IOSP suggests a weak or negative 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)
87.51
-0.75 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.85%
1 Week1.2%
2 Weeks3.83%
1 Month0.38%
3 Month1.85%
6 Month-23.55%
12 Month-30.76%
2 Year-18.32%
3 Year-14.21%
5 Year16.42%
10 Year102.34%
15 Year695.55%
Volatility
ATR(14)1.99
ATR(20)%2.21%
ATR Inc7.92%
Range Today2.23
ADR(20)1.87
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.82
Mansfield-2.19
10 Day High90.46
10 Day Low83.59
20 Day High90.46
20 Day Low82.2
52 Week High133.53
52 Week Low80.32
CS1 End83.39
CR1 Start87.75
Volume & EV
DER(3)-0.64%
DER(5)0.26%
Volume113.30K
Volume Incr-18.38%
Vol(5)207.18K
Vol(50)204.69K