INNOSPEC INC (IOSP) Stock Technical Analysis
USA - NASDAQ:IOSP - US45768S1050 - Common Stock
Overall IOSP gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, IOSP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
71.54
When analyzing the support we notice one important area.
- Support @72.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 74.43 to 78.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @83.55 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for IOSP is down. |
| ChartMill Relative Strength | 12.65 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 87.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IOSP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOSP is below 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) | 44.44 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests IOSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.65 | NEUTRAL | The Stochastics value for IOSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.35 | NEUTRAL | The ADX value for IOSP suggests a possible start of a new trend. |
74.09
-0.68 (-0.91%)
INNOSPEC INC / IOSP FAQ
Can you provide the ChartMill technical rating for INNOSPEC INC?
ChartMill assigns a technical rating of 1 / 10 to IOSP.
Can you provide the trend direction for INNOSPEC INC?
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 44.4394. This indicates that the stock is currently neutral.
What is the MACD signal for IOSP stock?
The MACD indicator for INNOSPEC INC (IOSP) has a value of 0.269365, indicating a bearish trend.
What is the short term momentum for IOSP stock?
The short term momentum for INNOSPEC INC (IOSP) is negative.