INNOVOTECH INC (IOT.CA) Technical Analysis
TSX-V:IOT • CA45772U1049
We assign a technical rating of 2 out of 10 to IOT. IOT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IOT has a been trading in the 0.22 - 0.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: IOT has an average volume of 27210 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, IOT turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- IOT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IOT is lagging the market.
The technical rating of IOT is bad and it also does not present a quality setup 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
0.19
2 important support areas can be observed.
- Support @0.22 from a trend line in the daily time frame.
- A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.27 from a trend line in the daily time frame.
- Resistance @0.28 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for IOT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOT.CA is neutral. |
| ChartMill Relative Strength | 60.51 | NEUTRAL | IOT.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IOT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IOT.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.32 | NEUTRAL | The RSI value for IOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IOT.CA has a negative trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for IOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for IOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for IOT.CA suggests a weak or negative trend. |
IOT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:IOT (3/9/2026, 7:00:00 PM)
0.22
-0.04 (-13.73%)
INNOVOTECH INC / IOT.CA FAQ
Can you provide the ChartMill technical rating for INNOVOTECH INC?
ChartMill assigns a technical rating of 2 / 10 to IOT.CA.
Can you provide the trend direction for INNOVOTECH INC?
The current trend direction for INNOVOTECH INC (IOT.CA) is Bearish.
What is the RSI signal for INNOVOTECH INC (IOT.CA) stock?
INNOVOTECH INC (IOT.CA) has an RSI value of 41.3172. This indicates that the stock is currently neutral.
What is the MACD signal for IOT stock?
The MACD indicator for INNOVOTECH INC (IOT.CA) has a value of -0.00310714, indicating a bearish trend.
Can you provide the support and resistance levels for INNOVOTECH INC?
INNOVOTECH INC (IOT.CA) has a support level at 0.22 and a resistance level at 0.25. Check the full technical report for our detailed analysis of IOT.CA support and resistance levels.