INNOVOTECH INC (IOT.CA) Stock Technical Analysis
TSX-V:IOT - TSX Venture Exchange - CA45772U1049 - Common Stock - Currency: CAD
Overall IOT gets a technical rating of 8 out of 10. In the last year, IOT was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IOT has a been trading in the 0.23 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that IOT is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by IOT over the past year are nicely spread over this period.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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.
Although IOT has an excellent technical rating, it does not present a decent entry opportunity 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
0.16
0.24
When analyzing the support we notice one important area.
- A support zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for IOT.CA is down. |
| ChartMill Relative Strength | 94.83 | POSITIVE | IOT.CA has a high relative strength, it outperformed 94.83% off all stocks 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) | UP | MIXED | The current price of IOT.CA is below the rising 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) | 43.48 | NEUTRAL | The RSI value for IOT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IOT.CA has a negative trend. |
| Stochastics (14,3) | 13.64 | OVERSOLD | The low Stochastics value suggests IOT.CA may be oversold. |
| Average True Range in percent/ATR (20) | 9.27 | HIGH VOLATILITY | The high ATR as a percentage value for IOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for IOT.CA 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)
TSX-V:IOT (8/8/2025, 7:00:00 PM)
0.24
-0.01 (-4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-4%
1 Week0%
2 Weeks-9.43%
1 Month-20%
3 Month71.43%
6 Month33.33%
12 Month140%
2 Year140%
3 Year45.45%
5 Year37.14%
10 Year700%
15 Year-63.64%
Volatility
ATR(14)0.03
ATR(20)%9.27%
ATR Inc-50%
Range Today0.01
ADR(20)0.01
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.83
Mansfield3.17
10 Day High0.34
10 Day Low0.23
20 Day High0.34
20 Day Low0.23
52 Week High0.34
52 Week Low0.02
CS1 End0.16
CR1 StartN/A
Volume & EV
DER(3)-36.11%
DER(5)-28.2%
Volume33.41K
Volume Incr24.92%
Vol(5)41.87K
Vol(50)46.21K