Taking everything into account, INBK scores 5 out of 10 in our technical rating. In the past year, INBK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
INBK has an average technical rating and it also does not offer a high quality setup 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
17.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.01 to 19.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 22.37 to 22.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.66 from a trend line in the daily time frame.
- Resistance @27.21 from a horizontal line in the daily time frame.
- Resistance @28.53 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 INBK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INBK is up. |
| ChartMill Relative Strength | 13.02 | NEGATIVE | INBK has a low relative strength, it was outperformed by 86.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.88 | OVERBOUGHT | The high RSI value suggests INBK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests INBK has a positive trend. |
| Stochastics (14,3) | 92.16 | OVERBOUGHT | The high Stochastics value suggests INBK may be overbought. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for INBK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.37 | NEUTRAL | The ADX value for INBK suggests a possible start of a new trend. |
22.36
+0.42 (+1.91%)
FIRST INTERNET BANCORP / INBK FAQ
What is the technical rating for INBK stock?
ChartMill assigns a technical rating of 5 / 10 to INBK.
What is the current trend direction of FIRST INTERNET BANCORP (INBK) stock?
The current trend direction for FIRST INTERNET BANCORP (INBK) is Bearish.
What is the RSI signal for FIRST INTERNET BANCORP (INBK) stock?
FIRST INTERNET BANCORP (INBK) has an RSI value of 71.8787. This indicates that the stock is currently overbought.
What are the support and resistance levels for FIRST INTERNET BANCORP (INBK) stock?
FIRST INTERNET BANCORP (INBK) has a support level at 19.05 and a resistance level at 22.37. Check the full technical report for our detailed analysis of INBK support and resistance levels.