IOU FINANCIAL INC (IOU.CA) Stock Technical Analysis
Canada - TSX-V:IOU - CA44985J2048 - Common Stock
Overall IOU gets a technical rating of 8 out of 10. Both in the recent history as in the last year, IOU has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although IOU 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
0.12
2 important support areas can be observed.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @0.12 from a trend line in the weekly time frame.
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 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 IOU.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOU.CA is up. |
| ChartMill Relative Strength | 95.36 | POSITIVE | IOU.CA has a high relative strength, it outperformed 95.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IOU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IOU.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IOU.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.54 | NEUTRAL | The RSI value for IOU.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IOU.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for IOU.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for IOU.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for IOU.CA suggests a weak or negative trend. |
TSX-V:IOU (10/6/2023, 7:00:00 PM)
0.22
0 (0%)
IOU FINANCIAL INC / IOU.CA FAQ
What is the technical rating for IOU stock?
ChartMill assigns a technical rating of 7 / 10 to IOU.CA.
What is the trend direction for IOU stock?
The current trend direction for IOU FINANCIAL INC (IOU.CA) is Bullish.
Can you provide the RSI signal for IOU FINANCIAL INC?
IOU FINANCIAL INC (IOU.CA) has an RSI value of 53.5449. This indicates that the stock is currently neutral.
What is the MACD signal for IOU FINANCIAL INC (IOU.CA) stock?
The MACD indicator for IOU FINANCIAL INC (IOU.CA) has a value of -0.0024007, indicating a bearish trend.
What is the support and resistance level for IOU stock?
IOU FINANCIAL INC (IOU.CA) has a support level at 0.21 and a resistance level at 0.23. Check the full technical report for our detailed analysis of IOU.CA support and resistance levels.