Taking everything into account, TAPR scores 5 out of 10 in our technical rating. Although TAPR is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, TAPR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 25.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
24.37
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
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 TAPR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TAPR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | TAPR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TAPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TAPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TAPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.45 | NEUTRAL | The RSI value for TAPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TAPR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.69 | NEUTRAL | The Stochastics value for TAPR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for TAPR suggests low volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for TAPR suggests a weak or negative trend. |
NYSEARCA:TAPR (1/22/2026, 8:04:56 PM)
25.9403
+0.03 (+0.1%)
ChartMill assigns a technical rating of 5 / 10 to TAPR.
The current trend direction for INNO EQT DEF PRT ETF - 2 Y A (TAPR) is Bullish.
INNO EQT DEF PRT ETF - 2 Y A (TAPR) has an RSI value of 58.4471. This indicates that the stock is currently neutral.
The short term momentum for INNO EQT DEF PRT ETF - 2 Y A (TAPR) is neutral.
INNO EQT DEF PRT ETF - 2 Y A (TAPR) has a support level at 25.93 and a resistance level at 25.95. Check the full technical report for our detailed analysis of TAPR support and resistance levels.