INSIGNIA SYSTEMS INC (ISIG)

US45765Y2046 - Common Stock

7.73  +0.46 (+6.33%)

Technical Rating and Analysis

3

Overall ISIG gets a technical rating of 3 out of 10. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ISIG is part of the Media industry. There are 96 other stocks in this industry, ISIG did better than 60% of them.
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.
Weekly and Daily overview Charts
ISIG Weekly chart
ISIG Daily chart
Setup Rating and Analysis

4

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.

Support and Resistance Analysis

6.85

9.75

We found 3 important support 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.

When analyzing the resistance we notice 4 important areas.

  • 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.
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
CRS34.28
Mansfield-0.92
10 Day High8.02
10 Day Low7.1
20 Day High8.15
20 Day Low7.1
52 Week High9.84
52 Week Low5.48
Performance
1 Week0.91%
2 Weeks-3.37%
1 Month5.46%
3 Month6.48%
6 Month-14.21%
12 Month-17.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.02
RSI(14)54.1
LBB7.27
UBB8.08
ISIG Daily chart

INSIGNIA SYSTEMS INC

NASDAQ:ISIG (8/3/2023, 7:00:03 PM)

7.73

+0.46 (+6.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg6.33%
1 Week0.91%
2 Weeks-3.37%
1 Month5.46%
3 Month6.48%
6 Month-14.21%
12 Month-17.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.24
ATR(20)%2.69%
ATR Inc
Range Today0.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.02
10 Day Low7.1
20 Day High8.15
20 Day Low7.1
52 Week High9.84
52 Week Low5.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.30K
Volume Incr44.48%
Vol(5)4.58K
Vol(50)4.10K