Overall IVDA gets a technical rating of 0 out of 10. IVDA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of IVDA is bad and it also does not present a 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.
1.04
When analyzing the resistance we notice 3 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for IVDA is neutral. |
| ChartMill Relative Strength | 7.62 | NEGATIVE | IVDA has a low relative strength, it was outperformed by 92.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IVDA is above 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) | 53.1 | NEUTRAL | The RSI value for IVDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IVDA has a positive trend. |
| Stochastics (14,3) | 58.37 | NEUTRAL | The Stochastics value for IVDA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.56 | HIGH VOLATILITY | The high ATR as a percentage value for IVDA suggests high volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for IVDA suggests a strong trend. |
1.05
+0.15 (+16.38%)
ChartMill assigns a technical rating of 0 / 10 to IVDA.
The current trend direction for IVEDA SOLUTIONS INC (IVDA) is Bearish.
IVEDA SOLUTIONS INC (IVDA) has an RSI value of 53.0982. This indicates that the stock is currently neutral.
IVEDA SOLUTIONS INC (IVDA) has a resistance level at 1.14. Check the full technical report for our detailed analysis of IVDA support and resistance levels.