IVEDA SOLUTIONS INC (IVDA) Technical Analysis
NASDAQ:IVDA • US46583A3032
Current stock price
IVDA Technical Rating and Analysis
Taking everything into account, IVDA scores 0 out of 10 in our technical rating. IVDA 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, IVDA is a bad performer in the overall market: 99% of all stocks are doing better.
- IVDA is part of the Software industry. There are 275 other stocks in this industry, of which 88% are performing better than IVDA.
- IVDA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IVDA is lagging the market.
- IVDA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- IVDA has an average volume of 5382760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
IVDA Weekly and Daily overview Charts
IVDA Setup Rating and Analysis
IVDA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for IVDA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
IVDA Support and Resistance Analysis
0.24
2 important support areas can be observed.
- Support @0.25 from a horizontal line in the daily time frame.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.40 from a trend line in the daily time frame.
IVDA 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 IVDA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IVDA is down. |
| ChartMill Relative Strength | 1.09 | NEGATIVE | IVDA has a low relative strength, it was outperformed by 98.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVDA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVDA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IVDA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.34 | NEUTRAL | The RSI value for IVDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IVDA has a positive trend. |
| Stochastics (14,3) | 17.44 | OVERSOLD | The low Stochastics value suggests IVDA may be oversold. |
| Average True Range in percent/ATR (20) | 12.29 | HIGH VOLATILITY | The high ATR as a percentage value for IVDA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.84 | NEGATIVE | The low ADX value for IVDA suggests a weak or negative trend. |
IVDA Chart- and CandleStick Pattern Analysis
IVDA Technicals: Chart, Performance Metrics, Trend & Indicators
0.2608
+0 (+1.91%)
IVEDA SOLUTIONS INC / IVDA TA FAQ
What is the ChartMill technical rating of IVEDA SOLUTIONS INC (IVDA) stock?
ChartMill assigns a technical rating of 0 / 10 to IVDA.
What is the current trend direction of IVEDA SOLUTIONS INC (IVDA) stock?
The current trend direction for IVEDA SOLUTIONS INC (IVDA) is Bearish.
What is the RSI signal for IVEDA SOLUTIONS INC (IVDA) stock?
IVEDA SOLUTIONS INC (IVDA) has an RSI value of 36.3363. This indicates that the stock is currently neutral.
What is the short term momentum for IVEDA SOLUTIONS INC (IVDA) stock?
The short term momentum for IVEDA SOLUTIONS INC (IVDA) is negative.
Can you provide the buy/sell signal for IVEDA SOLUTIONS INC?
The buy/sell signal for IVEDA SOLUTIONS INC (IVDA) is sell as both the short term and long term trends are negative.