Logo image of IVC

INVACARE CORP (IVC) Stock Technical Analysis

USA - New York Stock Exchange - NYSE:IVC - US4612031017 - Common Stock

0.6598 USD
-0.02 (-2.25%)
Last: 1/31/2023, 8:04:00 PM
0.53 USD
-0.13 (-19.67%)
Pre-Market: 2/1/2023, 8:00:01 AM
Technical Rating and Analysis

4

Overall IVC gets a technical rating of 4 out of 10. In the past year, IVC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

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 one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 68% of 188 stocks in the same industry do better.
IVC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IVC is lagging the market.
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 short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
INVACARE CORP / IVC Weekly stock chart
INVACARE CORP / IVC Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.41

0.75

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for IVC is down.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for IVC is up.
ChartMill Relative Strength8.19NEGATIVEIVC has a low relative strength, it was outperformed by 91.81% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of IVC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of IVC is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of IVC is below a declining SMA(200).
Relative Strength Index/RSI (14)59.29NEUTRALThe RSI value for IVC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests IVC has a positive trend, although the MACD value is declining.
Stochastics (14,3)78.42NEUTRALThe Stochastics value for IVC is a neutral value.
Average True Range in percent/ATR (20)10.74HIGH VOLATILITYThe high ATR as a percentage value for IVC suggests high volalility.
Average Directional Index/ADX (14)31.62POSITIVEThe high ADX value value for IVC suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
INVACARE CORP / IVC Daily stock chart

INVACARE CORP

NYSE:IVC (1/31/2023, 8:04:00 PM)

Premarket: 0.53 -0.13 (-19.67%)

0.6598

-0.02 (-2.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.25%
1 Week17.82%
2 Weeks23.1%
1 Month57.1%
3 Month-9.54%
6 Month-42.12%
12 Month-69.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%10.74%
ATR Inc-16.95%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.19
3 months CRSN/A
6 months CRSN/A
Mansfield-3.82
10 Day High0.74
10 Day Low0.52
20 Day High0.74
20 Day Low0.41
52 Week High2.53
52 Week Low0.33
CS1 End0.41
CR1 Start0.74
Volume & EV
DER(3)4.35%
DER(5)3.49%
Volume125.10K
Volume Incr-17.85%
Vol(5)232.18K
Vol(50)525.72K

INVACARE CORP / IVC FAQ

Can you provide the ChartMill technical rating for INVACARE CORP?

ChartMill assigns a technical rating of 4 / 10 to IVC.


Can you provide the trend direction for INVACARE CORP?

The current trend direction for INVACARE CORP (IVC) is Bearish.


What is the RSI signal for INVACARE CORP (IVC) stock?

INVACARE CORP (IVC) has an RSI value of 59.2865. This indicates that the stock is currently neutral.


What is the MACD signal for INVACARE CORP (IVC) stock?

The MACD indicator for INVACARE CORP (IVC) has a value of 0.00830832, indicating a bearish trend.


What is the buy/sell signal for INVACARE CORP (IVC) stock?

The buy/sell signal for INVACARE CORP (IVC) is hold as the short term and long term trends are mixed.