INSPIREMD INC (NSPR) Stock Technical Analysis
NASDAQ:NSPR - Nasdaq - US45779A8466 - Common Stock - Currency: USD
Taking everything into account, NSPR scores 0 out of 10 in our technical rating. NSPR 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NSPR is a bad performer in the overall market: 83% of all stocks are doing better.
NSPR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NSPR is an average performer in the Health Care Equipment & Supplies industry, it outperforms 44% of 187 stocks in the same industry.
In the last month NSPR has a been trading in the 1.99 - 2.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NSPR 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
2.23
3.29
We found 1 important support area.
- Support @2.25 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.46 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.13 from a trend line in the weekly time frame.
- Resistance @3.26 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 NSPR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NSPR is neutral. |
| ChartMill Relative Strength | 17.68 | NEGATIVE | NSPR has a low relative strength, it was outperformed by 82.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSPR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NSPR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.02 | NEUTRAL | The RSI value for NSPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NSPR has a negative trend. |
| Stochastics (14,3) | 47.41 | NEUTRAL | The Stochastics value for NSPR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for NSPR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.12 | POSITIVE | The high ADX value value for NSPR 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)
2.26
+0.02 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.89%
1 Week-6.61%
2 Weeks-7.76%
1 Month-7.76%
3 Month-16.3%
6 Month-15.99%
12 Month-9.43%
2 Year-9.96%
3 Year13%
5 Year-67.6%
10 Year-100%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%6.63%
ATR Inc162.34%
Range Today0.19
ADR(20)0.14
ADR(20)%6.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.68
Mansfield-2.14
10 Day High2.59
10 Day Low1.99
20 Day High2.65
20 Day Low1.99
52 Week High3.8
52 Week Low1.99
CS1 End2.25
CR1 Start2.46
Volume & EV
DER(3)-0.67%
DER(5)2.96%
Volume256.60K
Volume Incr2713.17%
Vol(5)1.26M
Vol(50)167.73K