INSIGNIA SYSTEMS INC (ISIG) Technical Analysis
NASDAQ:ISIG • US45765Y2046
Current stock price
ISIG Technical Rating and Analysis
Taking everything into account, ISIG scores 3 out of 10 in our technical rating. In the past year, ISIG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, ISIG is a bad performer in the overall market: 66% of all stocks are doing better.
- Warning: ISIG has an average volume of 4104 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ISIG has a been trading in the 7.10 - 8.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ISIG is an average performer in the Media industry, it outperforms 66% of 91 stocks in the same industry.
- ISIG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ISIG is lagging the market slightly.
ISIG Weekly and Daily overview Charts
ISIG Setup Rating and Analysis
ISIG 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.
More info and screens
ISIG Support and Resistance Analysis
6.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.58 to 7.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.26 to 7.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.92 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @7.82 from a trend line in the daily time frame.
- A resistance zone ranging from 8.00 to 8.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.54 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
ISIG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ISIG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ISIG is neutral. |
| ChartMill Relative Strength | 34.28 | NEUTRAL | ISIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ISIG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.1 | NEUTRAL | The RSI value for ISIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ISIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.05 | NEUTRAL | The Stochastics value for ISIG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ISIG suggests some volalility. |
| Average Directional Index/ADX (14) | 11 | NEGATIVE | The low ADX value for ISIG suggests a weak or negative trend. |
ISIG Chart- and CandleStick Pattern Analysis
ISIG Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ISIG (8/3/2023, 8:00:03 PM)
7.73
+0.46 (+6.33%)
INSIGNIA SYSTEMS INC / ISIG TA FAQ
What is the technical rating for ISIG stock?
ChartMill assigns a technical rating of 3 / 10 to ISIG.
What is the trend direction for ISIG stock?
The current trend direction for INSIGNIA SYSTEMS INC (ISIG) is Bearish.
Can you provide the RSI signal for INSIGNIA SYSTEMS INC?
INSIGNIA SYSTEMS INC (ISIG) has an RSI value of 54.0953. This indicates that the stock is currently neutral.
What is the MACD signal for INSIGNIA SYSTEMS INC (ISIG) stock?
The MACD indicator for INSIGNIA SYSTEMS INC (ISIG) has a value of -0.0166555, indicating a bearish trend.
Can you provide the short term momentum for INSIGNIA SYSTEMS INC?
The short term momentum for INSIGNIA SYSTEMS INC (ISIG) is neutral.