PODD Technical Analysis - INSULET CORP

Technical Rating and Analysis

Taking everything into account, PODD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PODD has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

Looking at the yearly performance, PODD did better than 82% of all other stocks. On top of that, PODD also shows a nice and consistent pattern of rising prices.

PODD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 83% of 191 stocks in the same industry.

PODD 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 PODD is lagging the market slightly.

In the last month PODD has a been trading in the 322.85 - 353.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PODD has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

281.38

356.36

3 important support areas can be observed.

Support @332.12 from a horizontal line in the daily time frame.
A support zone ranging from 289.78 to 291.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @284.22 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

A resistance zone ranging from 338.36 to 352.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The long term trend for PODD is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for PODD is neutral.
ChartMill Relative Strength	82.65	POSITIVE	PODD has a high relative strength, it outperformed 82.65% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of PODD is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of PODD is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PODD is above the rising SMA(200).
Relative Strength Index/RSI (14)	51.15	NEUTRAL	The RSI value for PODD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-2.25	NEGATIVE	The MACD value suggests PODD has a negative trend.
Stochastics (14,3)	38.29	NEUTRAL	The Stochastics value for PODD is a neutral value.
Average True Range in percent/ATR (20)	2.4	MEDIUM VOLATILITY	The ATR as a percentage value for PODD suggests some volalility.
Average Directional Index/ADX (14)	44.74	POSITIVE	The high ADX value value for PODD suggests a strong trend.