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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IOSP is a bad performer in the overall market: 91% of all stocks are doing better.
IOSP is one of the lesser performing stocks in the Chemicals industry. 76% of 85 stocks in the same industry do better.
IOSP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IOSP has a been trading in the 82.81 - 90.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, IOSP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
81.71
117.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 85.68 to 85.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 86.07 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 | DOWN | NEGATIVE | The short term trend for IOSP is down. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 90.38% 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) | 49.62 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests IOSP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.75 | NEUTRAL | The Stochastics value for IOSP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | 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)
85.82
+1.08 (+1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.27%
1 Week1.53%
2 Weeks-3.82%
1 Month2.28%
3 Month-4.42%
6 Month-25%
12 Month-34.1%
2 Year-19.9%
3 Year-15.86%
5 Year14.17%
10 Year98.43%
15 Year680.18%
Volatility
ATR(14)1.99
ATR(20)%2.3%
ATR Inc-38.68%
Range Today1.4
ADR(20)1.95
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.62
Mansfield-2.36
10 Day High90.46
10 Day Low82.81
20 Day High90.46
20 Day Low82.81
52 Week High133.53
52 Week Low80.32
CS1 End85.79
CR1 Start86.07
Volume & EV
DER(3)0.82%
DER(5)-0.63%
Volume168.10K
Volume Incr-21.38%
Vol(5)187.90K
Vol(50)209.62K