INNOVATE CORP (VATE) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:VATE • US45784J3032
We assign a technical rating of 5 out of 10 to VATE. VATE has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 89% of all other stocks performed better in the past year than VATE.
- VATE is part of the Construction & Engineering industry. There are 55 other stocks in this industry, of which 66% are performing better than VATE.
- VATE 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.
- Warning: VATE has an average volume of 24560 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month VATE has a been trading in the 4.90 - 5.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VATE has an average technical rating and the quality of the presented setup is also not ideal 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
4.37
4 important support areas can be observed.
- A support zone ranging from 5.27 to 5.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.57 from a trend line in the weekly time frame.
- Support @4.49 from a trend line in the daily time frame.
- Support @4.41 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.60 to 5.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.96 from a horizontal 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 | 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 | 11.03 | NEGATIVE | VATE has a low relative strength, it was outperformed by 88.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VATE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VATE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VATE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for VATE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests VATE has a negative trend. |
| Stochastics (14,3) | 48.25 | NEUTRAL | The Stochastics value for VATE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for VATE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for VATE suggests a weak or negative trend. |
NYSE:VATE (2/6/2026, 8:10:13 PM)
5.31
-0.1 (-1.85%)
INNOVATE CORP / VATE FAQ
What is the technical rating for VATE stock?
ChartMill assigns a technical rating of 5 / 10 to VATE.
What is the trend direction for VATE stock?
The current trend direction for INNOVATE CORP (VATE) is Bearish.
What is the RSI signal for VATE stock?
INNOVATE CORP (VATE) has an RSI value of 47.0591. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for INNOVATE CORP?
INNOVATE CORP (VATE) has a support level at 5.3 and a resistance level at 5.6. Check the full technical report for our detailed analysis of VATE support and resistance levels.