ASSURE HOLDINGS CORP (IONM) Technical Analysis
NASDAQ:IONM • US04625J3032
Current stock price
IONM Technical Rating and Analysis
Overall IONM gets a technical rating of 0 out of 10. IONM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than IONM.
- IONM is one of the lesser performing stocks in the Health Care Providers & Services industry. 90% of 100 stocks in the same industry do better.
- IONM is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month IONM has a been trading in the 2.25 - 11.52 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- IONM has an average volume of 4566800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
IONM Weekly and Daily overview Charts
IONM Setup Rating and Analysis
The technical rating of IONM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IONM Support and Resistance Analysis
2.41
2 important resistance areas can be observed.
- Resistance @3.63 from a trend line in the daily time frame.
- Resistance @4.32 from a trend line in the daily time frame.
IONM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for IONM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IONM is down. |
| ChartMill Relative Strength | 0.68 | NEGATIVE | IONM has a low relative strength, it was outperformed by 99.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IONM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IONM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IONM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.64 | NEUTRAL | The RSI value for IONM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests IONM has a negative trend. |
| Stochastics (14,3) | 3.33 | OVERSOLD | The low Stochastics value suggests IONM may be oversold. |
| Average True Range in percent/ATR (20) | 48.37 | HIGH VOLATILITY | The high ATR as a percentage value for IONM suggests high volalility. |
| Average Directional Index/ADX (14) | 13.65 | NEGATIVE | The low ADX value for IONM suggests a weak or negative trend. |
IONM Chart- and CandleStick Pattern Analysis
IONM Technicals: Chart, Performance Metrics, Trend & Indicators
2.43
-0.32 (-11.64%)
ASSURE HOLDINGS CORP / IONM TA FAQ
Can you provide the ChartMill technical rating for ASSURE HOLDINGS CORP?
ChartMill assigns a technical rating of 0 / 10 to IONM.
What is the current trend direction of ASSURE HOLDINGS CORP (IONM) stock?
The current trend direction for ASSURE HOLDINGS CORP (IONM) is Bearish.
What is the RSI signal for ASSURE HOLDINGS CORP (IONM) stock?
ASSURE HOLDINGS CORP (IONM) has an RSI value of 31.6404. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ASSURE HOLDINGS CORP?
The short term momentum for ASSURE HOLDINGS CORP (IONM) is negative.
What is the buy/sell signal for ASSURE HOLDINGS CORP (IONM) stock?
The buy/sell signal for ASSURE HOLDINGS CORP (IONM) is sell as both the short term and long term trends are negative.