INNOVATE CORP (VATE) Stock Technical Analysis
NYSE:VATE - New York Stock Exchange, Inc. - US45784J3032 - Common Stock - Currency: USD
Taking everything into account, VATE scores 1 out of 10 in our technical rating. VATE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
81% of all other stocks performed better in the past year than VATE.
VATE is one of the lesser performing stocks in the Construction & Engineering industry. 72% of 51 stocks in the same industry do better.
VATE 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 VATE is lagging the market.
In the last month VATE has a been trading in the 5.54 - 8.28 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Volume is considerably higher in the last couple of days.
VATE 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 5.81, a Stop Loss order could be placed below this zone.
More info and screens
5.44
11.88
We found 2 important support areas.
- Support @5.77 from a horizontal line in the weekly time frame.
- Support @5.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @5.81 from a trend line in the daily time frame.
- A resistance zone ranging from 6.25 to 6.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.76 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 | NEUTRAL | NEUTRAL | The long term trend for VATE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VATE is neutral. |
| ChartMill Relative Strength | 19.87 | NEGATIVE | VATE has a low relative strength, it was outperformed by 80.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VATE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VATE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of VATE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.44 | NEUTRAL | The RSI value for VATE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VATE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.9 | NEUTRAL | The Stochastics value for VATE is a neutral value. |
| Average True Range in percent/ATR (20) | 11.93 | HIGH VOLATILITY | The high ATR as a percentage value for VATE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for VATE 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)
NYSE:VATE (5/30/2025, 1:26:37 PM)
5.8
-0.26 (-4.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-4.29%
1 Week5.76%
2 Weeks2.36%
1 Month-8.46%
3 Month-33.55%
6 Month0%
12 Month-0.72%
2 Year-53.38%
3 Year-75.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%11.93%
ATR Inc61.9%
Range Today0.33
ADR(20)0.7
ADR(20)%12.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.87
Mansfield-0.73
10 Day High8.28
10 Day Low5.54
20 Day High8.28
20 Day Low5.54
52 Week High13.79
52 Week Low3.25
CS1 End5.81
CR1 Start6.25
Volume & EV
DER(3)-20.96%
DER(5)-11.93%
Volume6.24K
Volume Incr337.47%
Vol(5)105.54K
Vol(50)43.37K