INNOSPEC INC (IOSP) Stock Technical Analysis
NASDAQ:IOSP - Nasdaq - US45768S1050 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to IOSP. 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 negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than IOSP.
IOSP 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 IOSP is lagging the market.
In the last month IOSP has a been trading in the 84.46 - 95.55 range, which is quite wide. It is currently trading near the lows of this range.
IOSP is part of the Chemicals industry. There are 85 other stocks in this industry, IOSP did better than 42% of them.
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
84.72
117.24
We can see 3 important resistance areas.
- A resistance zone ranging from 89.67 to 93.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @102.06 from a trend line in the daily time frame.
- 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 | 16.32 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 83.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOSP is below a declining 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) | 35.21 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests IOSP has a negative trend. |
| Stochastics (14,3) | 6.81 | OVERSOLD | The low Stochastics value suggests IOSP may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 13.18 | 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)
85.58
-0.57 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.66%
1 Week-3.83%
2 Weeks-5.45%
1 Month-4.69%
3 Month-17.2%
6 Month-28.53%
12 Month-33.91%
2 Year-7.34%
3 Year-16.12%
5 Year11.01%
10 Year99.58%
15 Year587.94%
Volatility
ATR(14)2.73
ATR(20)%3.1%
ATR Inc-15.11%
Range Today1.66
ADR(20)2.61
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.32
Mansfield-2.34
10 Day High95.55
10 Day Low84.46
20 Day High95.55
20 Day Low84.46
52 Week High133.53
52 Week Low80.32
CS1 EndN/A
CR1 Start89.67
Volume & EV
DER(3)-1.38%
DER(5)-1.45%
Volume126.30K
Volume Incr-10.46%
Vol(5)157.18K
Vol(50)236.75K