INVACARE CORP (IVC) Technical Analysis
NYSE:IVC • US4612031017
Current stock price
IVC Technical Rating and Analysis
Overall IVC gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. IVC was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, IVC is a bad performer in the overall market: 92% of all stocks are doing better.
- IVC is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 69% are performing better than IVC.
- IVC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month IVC has a been trading in the 0.41 - 0.74 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IVC Weekly and Daily overview Charts
IVC Setup Rating and Analysis
IVC has an average technical rating and it also 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
IVC Support and Resistance Analysis
0.41
We found 1 important support area.
- Support @0.41 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
IVC Technical Indicator Signal Analysis
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 IVC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVC is up. |
| ChartMill Relative Strength | 8.19 | NEGATIVE | IVC has a low relative strength, it was outperformed by 91.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IVC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.29 | NEUTRAL | The RSI value for IVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IVC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for IVC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.74 | HIGH VOLATILITY | The high ATR as a percentage value for IVC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.62 | POSITIVE | The high ADX value value for IVC suggests a strong trend. |
IVC Chart- and CandleStick Pattern Analysis
IVC Technicals: Chart, Performance Metrics, Trend & Indicators
0.6598
-0.02 (-2.25%)
INVACARE CORP / IVC TA FAQ
Can you provide the ChartMill technical rating for INVACARE CORP?
ChartMill assigns a technical rating of 4 / 10 to IVC.
What is the current trend direction of INVACARE CORP (IVC) stock?
The current trend direction for INVACARE CORP (IVC) is Bearish.
Can you provide the RSI signal for INVACARE CORP?
INVACARE CORP (IVC) has an RSI value of 59.2865. This indicates that the stock is currently neutral.
What is the buy/sell signal for IVC stock?
The buy/sell signal for INVACARE CORP (IVC) is hold as the short term and long term trends are mixed.
What is the support and resistance level for IVC stock?
INVACARE CORP (IVC) has a support level at 0.41 and a resistance level at 0.74. Check the full technical report for our detailed analysis of IVC support and resistance levels.