INNOVOTECH INC (IOT.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:IOT - CA45772U1049 - Common Stock
Overall IOT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IOT is showing a nice and steady performance.
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
0.21
We found 4 important support areas.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.25 from a trend line in the daily time frame.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.21 to 0.21. 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 0.28 to 0.28. 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 | UP | POSITIVE | The short term trend for IOT.CA is up. |
| ChartMill Relative Strength | 82.15 | POSITIVE | IOT.CA has a high relative strength, it outperformed 82.15% 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) | UP | POSITIVE | The current price of IOT.CA is above 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) | 57.97 | 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. |
| Stochastics (14,3) | 65.25 | NEUTRAL | The Stochastics value for IOT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for IOT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for IOT.CA suggests a weak or negative trend. |
TSX-V:IOT (12/31/2025, 7:00:00 PM)
0.265
+0.02 (+6%)
INNOVOTECH INC / IOT.CA FAQ
Can you provide the ChartMill technical rating for INNOVOTECH INC?
ChartMill assigns a technical rating of 9 / 10 to IOT.CA.
Can you provide the trend direction for INNOVOTECH INC?
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 57.9746. 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 0.00146542, indicating a bearish trend.
Can you provide the support and resistance levels for INNOVOTECH INC?
INNOVOTECH INC (IOT.CA) has a support level at 0.26 and a resistance level at 0.28. Check the full technical report for our detailed analysis of IOT.CA support and resistance levels.