Logo image of INSU

Insurance Acquisition Corp Cl A (INSU) Stock Technical Analysis

NASDAQ:INSU - Nasdaq -

11.66  -0.32 (-2.67%)

After market: 11.9 +0.24 (+2.06%)

Technical Rating and Analysis

4

Overall INSU gets a technical rating of 4 out of 10. INSU was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.

When comparing the yearly performance of all stocks, INSU is a bad performer in the overall market: 100% of all stocks are doing better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
INSU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INSU is lagging the market.
In the last month INSU has a been trading in the 10.68 - 13.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
Insurance Acquisition Corp Cl A / INSU Weekly stock chart
Insurance Acquisition Corp Cl A / INSU Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, INSU does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 11.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for INSU in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

10.53

12.21

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 11.31 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 10.93 to 10.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @10.64 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 11.67 to 11.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 11.99 to 12.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.31
10 Day Low10.68
20 Day High13.07
20 Day Low10.68
52 Week High14.91
52 Week Low9.52
Performance
1 Week5.05%
2 Weeks-1.27%
1 Month-5.36%
3 Month3.64%
6 Month16.14%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)47.9
LBB10.79
UBB12.31
Insurance Acquisition Corp Cl A / INSU Daily stock chart

Insurance Acquisition Corp Cl A

NASDAQ:INSU (10/14/2020, 8:07:58 PM)

After market: 11.9 +0.24 (+2.06%)

11.66

-0.32 (-2.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.67%
1 Week5.05%
2 Weeks-1.27%
1 Month-5.36%
3 Month3.64%
6 Month16.14%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%6.28%
ATR Inc13.12%
Range Today0.67
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.31
10 Day Low10.68
20 Day High13.07
20 Day Low10.68
52 Week High14.91
52 Week Low9.52
CS1 End11.39
CR1 Start11.67
Volume & EV
DER(3)4.05%
DER(5)3.01%
Volume629.30K
Volume Incr48.54%
Vol(5)440.52K
Vol(50)328.53K