Logo image of IOT.CA

INNOVOTECH INC (IOT.CA) Stock Technical Analysis

TSX-V:IOT - TSX Venture Exchange - CA45772U1049 - Common Stock - Currency: CAD

0.14  0 (-3.45%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to IOT. Although IOT is scoring some points because its good overall performance in the market in the past year, 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.
Warning: IOT has an average volume of 29010 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month IOT has a been trading in the 0.10 - 0.16 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IOT did better than 80% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
IOT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
INNOVOTECH INC / IOT Weekly stock chart
INNOVOTECH INC / IOT Daily stock chart
Setup Rating and Analysis

4

IOT has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

0.12

0.22

We found 1 important support area.

  • A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.19 from a trend line in the weekly time frame.
  • Resistance @0.22 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.85
Mansfield0.41
10 Day High0.15
10 Day Low0.1
20 Day High0.16
20 Day Low0.1
52 Week High0.25
52 Week Low0.02
Performance
1 Week16.67%
2 Weeks-6.67%
1 Month-17.65%
3 Month-22.22%
6 Month27.27%
12 Month55.56%
2 Year-6.67%
3 Year-26.32%
5 Year-24.32%
10 Year300%
15 Year-77.05%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.14
LBB0.12
UBB0.16
INNOVOTECH INC / IOT Daily stock chart

INNOVOTECH INC

TSX-V:IOT (5/9/2025, 7:00:00 PM)

0.14

0 (-3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-3.45%
1 Week16.67%
2 Weeks-6.67%
1 Month-17.65%
3 Month-22.22%
6 Month27.27%
12 Month55.56%
2 Year-6.67%
3 Year-26.32%
5 Year-24.32%
10 Year300%
15 Year-77.05%
Volatility
ATR(14)0.01
ATR(20)%8.93%
ATR Inc-9.68%
Range Today0
ADR(20)0.01
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.85
Mansfield0.41
10 Day High0.15
10 Day Low0.1
20 Day High0.16
20 Day Low0.1
52 Week High0.25
52 Week Low0.02
CS1 End0.12
CR1 Start0.15
Volume & EV
DER(3)0%
DER(5)0%
Volume601.00K
Volume Incr640.83%
Vol(5)149.70K
Vol(50)29.01K