INOTIV INC (NOTV) Stock Technical Analysis
NASDAQ:NOTV - Nasdaq - US45783Q1004 - Common Stock - Currency: USD
Taking everything into account, NOTV scores 1 out of 10 in our technical rating. NOTV 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
81% of all other stocks performed better in the past year than NOTV.
NOTV 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 NOTV is lagging the market.
NOTV is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, NOTV did better than 61% of them.
In the last month NOTV has a been trading in the 1.75 - 2.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NOTV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.06, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NOTV 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
1.43
2.88
3 important support areas can be observed.
- A support zone ranging from 2.01 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.53 from a trend line in the weekly time frame.
- Support @1.44 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.13 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.27 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.85 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 | DOWN | NEGATIVE | The long term trend for NOTV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOTV is neutral. |
| ChartMill Relative Strength | 19.2 | NEGATIVE | NOTV has a low relative strength, it was outperformed by 80.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOTV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NOTV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.46 | NEUTRAL | The RSI value for NOTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NOTV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.64 | NEUTRAL | The Stochastics value for NOTV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.16 | HIGH VOLATILITY | The high ATR as a percentage value for NOTV suggests high volalility. |
| Average Directional Index/ADX (14) | 10.52 | NEGATIVE | The low ADX value for NOTV suggests a weak or negative trend. |
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)
2.12
+0.01 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.47%
1 Week-6.19%
2 Weeks8.16%
1 Month13.37%
3 Month-47.78%
6 Month-40.95%
12 Month6%
2 Year-65.13%
3 Year-86.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.16%
ATR Inc1.09%
Range Today0.15
ADR(20)0.18
ADR(20)%8.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.2
Mansfield-1.81
10 Day High2.34
10 Day Low1.96
20 Day High2.36
20 Day Low1.75
52 Week High6.48
52 Week Low1.15
CS1 End2.06
CR1 Start2.13
Volume & EV
DER(3)1.36%
DER(5)4.6%
Volume203.30K
Volume Incr-28.4%
Vol(5)324.12K
Vol(50)717.83K