Invesque Inc (IVQ-DB-V.CA) Stock Technical Analysis
TSX:IVQ-DB-V • CA46136UAB94
Taking everything into account, IVQ-DB-V scores 6 out of 10 in our technical rating. IVQ-DB-V was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Looking at the yearly performance, IVQ-DB-V did better than 87% of all other stocks.
- IVQ-DB-V is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IVQ-DB-V is lagging the market slightly.
- In the last month IVQ-DB-V has a been trading in the 50.00 - 58.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
IVQ-DB-V 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
47.51
3 important support areas can be observed.
- Support @53.99 from a horizontal line in the daily time frame.
- Support @51.09 from a trend line in the daily time frame.
- Support @47.99 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 56.27 to 56.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.00 to 60.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @82.20 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for IVQ-DB-V.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVQ-DB-V.CA is neutral. |
| ChartMill Relative Strength | 87.32 | POSITIVE | IVQ-DB-V.CA has a high relative strength, it outperformed 87.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVQ-DB-V.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IVQ-DB-V.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IVQ-DB-V.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for IVQ-DB-V.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IVQ-DB-V.CA has a negative trend. |
| Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for IVQ-DB-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for IVQ-DB-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for IVQ-DB-V.CA suggests a strong trend. |
TSX:IVQ-DB-V (12/31/2024, 7:00:00 PM)
56
-1 (-1.75%)
Invesque Inc / IVQ-DB-V.CA FAQ
Can you provide the ChartMill technical rating for Invesque Inc?
ChartMill assigns a technical rating of 6 / 10 to IVQ-DB-V.CA.
Can you provide the trend direction for Invesque Inc?
The current trend direction for Invesque Inc (IVQ-DB-V.CA) is Bearish.
What is the RSI signal for IVQ-DB-V stock?
Invesque Inc (IVQ-DB-V.CA) has an RSI value of 47.4503. This indicates that the stock is currently neutral.
What is the MACD signal for Invesque Inc (IVQ-DB-V.CA) stock?
The MACD indicator for Invesque Inc (IVQ-DB-V.CA) has a value of -0.064807, indicating a bearish trend.
What is the short term momentum for IVQ-DB-V stock?
The short term momentum for Invesque Inc (IVQ-DB-V.CA) is neutral.