ISSUER DIRECT CORP (ISDR) Stock Technical Analysis
NYSEARCA:ISDR - NYSE Arca - US46520M2044 - Common Stock - Currency: USD
Overall ISDR gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ISDR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ISDR is a bad performer in the overall market: 89% of all stocks are doing better.
ISDR is one of the lesser performing stocks in the Software industry. 74% of 284 stocks in the same industry do better.
ISDR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: ISDR has an average volume of 10072 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ISDR has a been trading in the 8.26 - 9.70 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ISDR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 9.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ISDR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.22
12.09
When analyzing the support we can see 2 important areas.
- Support @9.62 from a horizontal line in the daily time frame.
- A support zone ranging from 8.30 to 8.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.66 to 9.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.97 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for ISDR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ISDR is up. |
| ChartMill Relative Strength | 11.88 | NEGATIVE | ISDR has a low relative strength, it was outperformed by 88.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ISDR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ISDR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.34 | NEUTRAL | The RSI value for ISDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests ISDR has a positive trend. |
| Stochastics (14,3) | 85.66 | OVERBOUGHT | The high Stochastics value suggests ISDR may be overbought. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for ISDR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for ISDR suggests a possible start of a new 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)
9.65
+0.2 (+2.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.12%
1 Week8.55%
2 Weeks10.54%
1 Month9.53%
3 Month-7.21%
6 Month11.11%
12 Month-38.14%
2 Year-65.18%
3 Year-69.29%
5 Year-19.31%
10 Year-3.98%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%5.02%
ATR Inc-27%
Range Today0.24
ADR(20)0.47
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.88
Mansfield-1.88
10 Day High9.7
10 Day Low8.3
20 Day High9.7
20 Day Low8.26
52 Week High16.83
52 Week Low7.61
CS1 End9.62
CR1 Start9.66
Volume & EV
DER(3)3.44%
DER(5)8.54%
Volume32.20K
Volume Incr33.33%
Vol(5)18.44K
Vol(50)10.07K