INVO BIOSCIENCE INC (INVO) Stock Technical Analysis
NASDAQ:INVO - Nasdaq - US44984F4019 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to INVO. Recently some decent action could be observed, but in the medium term time frame this is still negative. INVO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, INVO is a bad performer in the overall market: 86% of all stocks are doing better.
INVO is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 67% of 190 stocks in the same industry do better.
INVO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month INVO has a been trading in the 0.63 - 1.42 range, which is quite wide. It is currently trading near the lows of this range.
INVO has an average volume of 1316250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
The technical rating of INVO is bad and it also does not present a 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
0.77
1.23
When analyzing the support we notice one important area.
- A support zone ranging from 0.78 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.33
Mansfield-2.98
10 Day High1.42
10 Day Low0.63
20 Day High1.42
20 Day Low0.63
52 Week High3.5
52 Week Low0.63
Performance
1 Week-32.82%
2 Weeks24.33%
1 Month20.13%
3 Month1.59%
6 Month-15%
12 Month-35.92%
2 Year-96.38%
3 Year-98.79%
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)0.02
RSI(14)51.92
LBB0.47
UBB1.15
0.833
-0.03 (-2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.91%
1 Week-32.82%
2 Weeks24.33%
1 Month20.13%
3 Month1.59%
6 Month-15%
12 Month-35.92%
2 Year-96.38%
3 Year-98.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%12.85%
ATR Inc-37.87%
Range Today0.07
ADR(20)0.1
ADR(20)%12.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.33
Mansfield-2.98
10 Day High1.42
10 Day Low0.63
20 Day High1.42
20 Day Low0.63
52 Week High3.5
52 Week Low0.63
CS1 End0.78
CR1 Start0.86
Volume & EV
DER(3)-10.28%
DER(5)-6.25%
Volume125.20K
Volume Incr-59.26%
Vol(5)1.16M
Vol(50)1.32M