INOTIV INC (NOTV) Stock Technical Analysis
NASDAQ:NOTV - Nasdaq - US45783Q1004 - Common Stock - Currency: USD
Overall NOTV gets a technical rating of 1 out of 10. 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 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, NOTV is a bad performer in the overall market: 72% of all stocks are doing better.
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.
In the last month NOTV has a been trading in the 1.96 - 3.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NOTV is an average performer in the Life Sciences Tools & Services industry, it outperforms 66% of 55 stocks in the same industry.
NOTV has a poor technical rating and the quality of the setup is also not perfect 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
1.44
3.02
We found 2 important support areas.
- Support @1.55 from a trend line in the weekly time frame.
- Support @1.45 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.86 from a trend line in the daily time frame.
- Resistance @2.99 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for NOTV is down. |
| ChartMill Relative Strength | 28.54 | NEGATIVE | NOTV has a low relative strength, it was outperformed by 71.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOTV is below a declining 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) | 41.43 | NEUTRAL | The RSI value for NOTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NOTV has a negative trend. |
| Stochastics (14,3) | 4.47 | OVERSOLD | The low Stochastics value suggests NOTV may be oversold. |
| Average True Range in percent/ATR (20) | 16.31 | HIGH VOLATILITY | The high ATR as a percentage value for NOTV suggests high volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for NOTV suggests a strong 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)
2.05
-0.15 (-6.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-6.82%
1 Week-27.82%
2 Weeks-30.74%
1 Month-8.89%
3 Month-25.45%
6 Month-49.75%
12 Month13.89%
2 Year-57.02%
3 Year-78.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%16.31%
ATR Inc-48.04%
Range Today0.19
ADR(20)0.33
ADR(20)%16.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.54
Mansfield-2.42
10 Day High3.32
10 Day Low2.05
20 Day High3.32
20 Day Low1.96
52 Week High6.48
52 Week Low1.15
CS1 End1.55
CR1 Start2.86
Volume & EV
DER(3)-0.98%
DER(5)-4.11%
Volume483.20K
Volume Incr-9.5%
Vol(5)696.42K
Vol(50)844.33K