INNOVOTECH INC (IOT.CA) Stock Technical Analysis
Canada - TSX-V:IOT - CA45772U1049 - Common Stock
Overall IOT gets a technical rating of 7 out of 10. IOT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although IOT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.19
When analyzing the support we can see 3 important areas.
- Support @0.21 from a trend line in the weekly time frame.
- Support @0.20 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.
We found 1 important resistance area.
- A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for IOT.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IOT.CA is neutral. |
| ChartMill Relative Strength | 83.62 | POSITIVE | IOT.CA has a high relative strength, it outperformed 83.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOT.CA is above the rising 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 | POSITIVE | The current price of IOT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.54 | NEUTRAL | The RSI value for IOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IOT.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.76 | NEUTRAL | The Stochastics value for IOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for IOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.78 | NEGATIVE | The low ADX value for IOT.CA suggests a weak or negative trend. |
TSX-V:IOT (11/7/2025, 7:00:00 PM)
0.22
-0.02 (-8.33%)
INNOVOTECH INC / IOT.CA FAQ
Can you provide the ChartMill technical rating for INNOVOTECH INC?
ChartMill assigns a technical rating of 7 / 10 to IOT.CA.
What is the trend direction for IOT stock?
The current trend direction for INNOVOTECH INC (IOT.CA) is Bullish.
What is the RSI signal for INNOVOTECH INC (IOT.CA) stock?
INNOVOTECH INC (IOT.CA) has an RSI value of 48.5445. This indicates that the stock is currently neutral.
What is the short term momentum for INNOVOTECH INC (IOT.CA) stock?
The short term momentum for INNOVOTECH INC (IOT.CA) is neutral.