INSEEGO CORP (INSG) Stock Technical Analysis
NASDAQ:INSG - US45782B3024 - Common Stock
11.04 USD
+0.78 (+7.6%)
10.82 USD
-0.22 (-1.99%)
Taking everything into account, INSG scores 7 out of 10 in our technical rating. INSG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month INSG has a been trading in the 6.27 - 11.61 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, INSG turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
INSG is an average performer in the Communications Equipment industry, it outperforms 42% of 48 stocks in the same industry.
INSG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INSG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although INSG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.51
11.15
We found 1 important support area.
- Support @6.58 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 INSG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INSG is up. |
| ChartMill Relative Strength | 63.81 | NEUTRAL | INSG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of INSG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.09 | OVERBOUGHT | The high RSI value suggests INSG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests INSG has a positive trend. |
| Stochastics (14,3) | 83.29 | OVERBOUGHT | The high Stochastics value suggests INSG may be overbought. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for INSG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for INSG suggests a strong 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)
11.04
+0.78 (+7.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg7.6%
1 Week28.22%
2 Weeks61.64%
1 Month50%
3 Month35.63%
6 Month-9.43%
12 Month-15.21%
2 Year73.72%
3 Year-59.11%
5 Year-90.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%6.43%
ATR Inc60.58%
Range Today1.51
ADR(20)0.66
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.81
Mansfield-0.99
10 Day High11.61
10 Day Low6.9
20 Day High11.61
20 Day Low6.27
52 Week High20.67
52 Week Low6.24
CS1 End6.58
CR1 StartN/A
Volume & EV
DER(3)3.03%
DER(5)2.83%
Volume499.30K
Volume Incr188.9%
Vol(5)541.86K
Vol(50)233.53K