Taking everything into account, IOSP scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IOSP was also a bad performer in the overall market in the last year.
The technical rating of IOSP 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
69.91
We found 3 important support areas.
- A support zone ranging from 74.22 to 76.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.13 from a horizontal line in the weekly time frame.
- Support @70.62 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 78.20 to 78.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @82.13 from a trend line in the daily time frame.
- Resistance @85.48 from a horizontal line in the daily time frame.
- Resistance @88.84 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 | DOWN | NEGATIVE | The long term trend for IOSP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IOSP is up. |
| ChartMill Relative Strength | 15.3 | NEGATIVE | IOSP has a low relative strength, it was outperformed by 84.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IOSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IOSP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IOSP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.48 | NEUTRAL | The RSI value for IOSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests IOSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.67 | OVERBOUGHT | The high Stochastics value suggests IOSP may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for IOSP suggests some volalility. |
| Average Directional Index/ADX (14) | 27.54 | POSITIVE | The high ADX value value for IOSP suggests a strong trend. |
78.19
-0.43 (-0.55%)
INNOSPEC INC / IOSP FAQ
Can you provide the ChartMill technical rating for INNOSPEC INC?
ChartMill assigns a technical rating of 2 / 10 to IOSP.
Can you provide the trend direction for INNOSPEC INC?
The current trend direction for INNOSPEC INC (IOSP) is Bearish.
What is the RSI signal for IOSP stock?
INNOSPEC INC (IOSP) has an RSI value of 63.4783. This indicates that the stock is currently neutral.
What is the MACD signal for IOSP stock?
The MACD indicator for INNOSPEC INC (IOSP) has a value of 0.655958, indicating a bearish trend.
What is the short term momentum for IOSP stock?
The short term momentum for INNOSPEC INC (IOSP) is positive.