Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IVA.W -
Taking everything into account, IVA.W scores 0 out of 10 in our technical rating. IVA.W scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, IVA.W is a bad performer in the overall market: 100% of all stocks are doing better.
- IVA.W is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month IVA.W has a been trading in the 0.81 - 1.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
IVA.W 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
0.96
When analyzing the support we notice one important area.
- A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.11 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages 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 IVA.W is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IVA.W is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | IVA.W has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVA.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVA.W is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IVA.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.79 | NEUTRAL | The RSI value for IVA.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IVA.W has a positive trend. |
| Stochastics (14,3) | 42.68 | NEUTRAL | The Stochastics value for IVA.W is a neutral value. |
| Average True Range in percent/ATR (20) | 15.9 | HIGH VOLATILITY | The high ATR as a percentage value for IVA.W suggests high volalility. |
Ivanhoe Cap Acquisition Corp WT [Ivan/W]
NYSE:IVA.W (2/3/2022, 8:49:31 PM)
1.11
-0.01 (-0.89%)
Ivanhoe Cap Acquisition Corp WT [Ivan/W] / IVA.W FAQ
What is the ChartMill technical rating of Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) stock?
ChartMill assigns a technical rating of 0 / 10 to IVA.W.
What is the current trend direction of Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) stock?
The current trend direction for Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) is Bearish.
What is the RSI signal for IVA.W stock?
Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) has an RSI value of 36.7928. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Ivanhoe Cap Acquisition Corp WT [Ivan/W]?
The MACD indicator for Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) has a value of 0.0177293, indicating a bearish trend.
Can you provide the short term momentum for Ivanhoe Cap Acquisition Corp WT [Ivan/W]?
The short term momentum for Ivanhoe Cap Acquisition Corp WT [Ivan/W] (IVA.W) is negative.