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INSIGNIA SYSTEMS INC (ISIG) Stock Technical Analysis

NASDAQ:ISIG - Nasdaq - US45765Y2046 - Common Stock - Currency: USD

7.73  +0.46 (+6.33%)

Technical Rating and Analysis

3

Taking everything into account, ISIG scores 3 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. ISIG was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, ISIG is a bad performer in the overall market: 66% of all stocks are doing better.
Warning: ISIG has an average volume of 4104 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ISIG has a been trading in the 7.10 - 8.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ISIG is part of the Media industry. There are 93 other stocks in this industry, ISIG did better than 59% of them.
ISIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ISIG is lagging the market.
Weekly and Daily overview Charts
INSIGNIA SYSTEMS INC / ISIG Weekly stock chart
INSIGNIA SYSTEMS INC / ISIG Daily stock chart
Setup Rating and Analysis

4

ISIG has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

6.85

9.75

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 7.58 to 7.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 7.26 to 7.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.92 to 6.95. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @7.82 from a trend line in the daily time frame.
  • A resistance zone ranging from 8.00 to 8.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @8.67 from a trend line in the weekly time frame.
  • A resistance zone ranging from 9.54 to 9.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS34.28
Mansfield-0.92
10 Day High8.02
10 Day Low7.1
20 Day High8.15
20 Day Low7.1
52 Week High9.84
52 Week Low5.48
Performance
1 Week0.91%
2 Weeks-3.37%
1 Month5.46%
3 Month6.48%
6 Month-14.21%
12 Month-17.94%
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)-0.02
RSI(14)54.1
LBB7.27
UBB8.08
INSIGNIA SYSTEMS INC / ISIG Daily stock chart

INSIGNIA SYSTEMS INC

NASDAQ:ISIG (8/3/2023, 8:00:03 PM)

7.73

+0.46 (+6.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg6.33%
1 Week0.91%
2 Weeks-3.37%
1 Month5.46%
3 Month6.48%
6 Month-14.21%
12 Month-17.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.69%
ATR Inc112.95%
Range Today0.46
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
CRS34.28
Mansfield-0.92
10 Day High8.02
10 Day Low7.1
20 Day High8.15
20 Day Low7.1
52 Week High9.84
52 Week Low5.48
CS1 End7.66
CR1 Start7.82
Volume & EV
DER(3)2.78%
DER(5)1.67%
Volume11.30K
Volume Incr44.48%
Vol(5)4.58K
Vol(50)4.10K