Taking everything into account, ISSC scores 2 out of 10 in our technical rating. ISSC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
ISSC has a poor technical rating and the quality of the setup is also not perfect 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.
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5.99
When analyzing the support we can see 3 important areas.
- Support @8.80 from a trend line in the weekly time frame.
- A support zone ranging from 8.50 to 8.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.05 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.86 to 9.87. 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 | DOWN | NEGATIVE | The long term trend for ISSC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ISSC is neutral. |
| ChartMill Relative Strength | 61.54 | NEUTRAL | ISSC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of ISSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ISSC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.85 | NEUTRAL | The RSI value for ISSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ISSC has a positive trend. |
| Stochastics (14,3) | 82.08 | OVERBOUGHT | The high Stochastics value suggests ISSC may be overbought. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for ISSC suggests some volalility. |
| Average Directional Index/ADX (14) | 30.25 | POSITIVE | The high ADX value value for ISSC suggests a strong trend. |
9.85
+0.24 (+2.5%)
INNOVATIVE SOLUTIONS & SUPP / ISSC FAQ
Can you provide the ChartMill technical rating for INNOVATIVE SOLUTIONS & SUPP?
ChartMill assigns a technical rating of 2 / 10 to ISSC.
Can you provide the trend direction for INNOVATIVE SOLUTIONS & SUPP?
The current trend direction for INNOVATIVE SOLUTIONS & SUPP (ISSC) is Bearish.
Can you provide the RSI signal for INNOVATIVE SOLUTIONS & SUPP?
INNOVATIVE SOLUTIONS & SUPP (ISSC) has an RSI value of 55.8452. This indicates that the stock is currently neutral.
What is the short term momentum for ISSC stock?
The short term momentum for INNOVATIVE SOLUTIONS & SUPP (ISSC) is neutral.
What are the support and resistance levels for INNOVATIVE SOLUTIONS & SUPP (ISSC) stock?
INNOVATIVE SOLUTIONS & SUPP (ISSC) has a support level at 8.8 and a resistance level at 9.86. Check the full technical report for our detailed analysis of ISSC support and resistance levels.