INNOVATIVE SOLUTIONS & SUPP (ISSC) Stock Technical Analysis
NASDAQ:ISSC - Nasdaq - US45769N1054 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ISSC. ISSC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ISSC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ISSC also shows a nice and consistent pattern of rising prices.
ISSC is part of the Aerospace & Defense industry. There are 64 other stocks in this industry. ISSC outperforms 80% of them.
ISSC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ISSC is performing more or less in line with the market.
In the last month ISSC has a been trading in the 6.62 - 10.85 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ISSC has an excellent technical rating, it does not offer a high quality setup 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
5.73
10.87
When analyzing the support we can see 2 important areas.
- Support @7.39 from a trend line in the daily time frame.
- Support @5.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @10.76 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ISSC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ISSC is up. |
| ChartMill Relative Strength | 95.44 | POSITIVE | ISSC has a high relative strength, it outperformed 95.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ISSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ISSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.79 | OVERBOUGHT | The high RSI value suggests ISSC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests ISSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.61 | OVERBOUGHT | The high Stochastics value suggests ISSC may be overbought. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for ISSC suggests high volalility. |
| Average Directional Index/ADX (14) | 44.58 | POSITIVE | The high ADX value value for ISSC suggests a strong 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)
10.45
+0.44 (+4.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg4.4%
1 Week8.74%
2 Weeks52.11%
1 Month55.74%
3 Month31.94%
6 Month35.71%
12 Month63.54%
2 Year59.3%
3 Year19.57%
5 Year115.24%
10 Year216.67%
15 Year103.31%
Volatility
ATR(14)0.65
ATR(20)%5.11%
ATR Inc-32.63%
Range Today0.58
ADR(20)0.42
ADR(20)%4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield4
10 Day High10.85
10 Day Low6.94
20 Day High10.85
20 Day Low6.62
52 Week High12.17
52 Week Low5.25
CS1 End7.39
CR1 Start10.76
Volume & EV
DER(3)3.79%
DER(5)3.34%
Volume136.20K
Volume Incr58.43%
Vol(5)239.64K
Vol(50)125.22K