INVESTAR HOLDING CORP (ISTR) Stock Technical Analysis
NASDAQ:ISTR • US46134L1052
Overall ISTR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ISTR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month ISTR has a been trading in the 28.08 - 30.49 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ISTR did better than 85% of all other stocks. We also observe that the gains produced by ISTR over the past year are nicely spread over this period.
- ISTR is one of the better performing stocks in the Banks industry, it outperforms 92% of 379 stocks in the same industry.
- ISTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ISTR is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
ISTR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 28.22, a Stop Loss order could be placed below this zone.
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16.58
When analyzing the support we can see 6 important areas.
- A support zone ranging from 27.75 to 28.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.66 from a trend line in the weekly time frame.
- Support @25.25 from a trend line in the daily time frame.
- Support @21.76 from a horizontal line in the daily time frame.
- Support @21.27 from a horizontal line in the daily time frame.
- Support @16.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.11 to 30.11. 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 | UP | POSITIVE | The long term trend for ISTR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ISTR is neutral. |
| ChartMill Relative Strength | 85.98 | POSITIVE | ISTR has a high relative strength, it outperformed 85.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ISTR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ISTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ISTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.47 | NEUTRAL | The RSI value for ISTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ISTR has a negative trend. |
| Stochastics (14,3) | 26.39 | NEUTRAL | The Stochastics value for ISTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for ISTR suggests some volalility. |
| Average Directional Index/ADX (14) | 36.67 | POSITIVE | The high ADX value value for ISTR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 29.22 | 28.07 | 1.15 (3.95%) | 25.00% |
| An entry @29.22. This is a Buy Stop order right above the 10 day moving average. | An exit @28.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.15 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The distance between exit and entry is rather small compared to the average daily movement of ISTR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.23
-0.92 (-3.16%)
INVESTAR HOLDING CORP / ISTR FAQ
What is the technical rating for ISTR stock?
ChartMill assigns a technical rating of 10 / 10 to ISTR.
Can you provide the trend direction for INVESTAR HOLDING CORP?
The current trend direction for INVESTAR HOLDING CORP (ISTR) is Bullish.
What is the RSI signal for ISTR stock?
INVESTAR HOLDING CORP (ISTR) has an RSI value of 43.4704. This indicates that the stock is currently neutral.
What is the short term momentum for ISTR stock?
The short term momentum for INVESTAR HOLDING CORP (ISTR) is neutral.