IVEDA SOLUTIONS INC (IVDA) Stock Technical Analysis
NASDAQ:IVDA - Nasdaq - US46583A3032 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to IVDA. IVDA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
93% of all other stocks performed better in the past year than IVDA.
IVDA is part of the Software industry. There are 284 other stocks in this industry, of which 81% are performing better than IVDA.
IVDA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month IVDA has a been trading in the 1.90 - 3.13 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, IVDA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IVDA 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.
More info and screens
2.35
4.75
2 important support areas can be observed.
- Support @2.45 from a trend line in the daily time frame.
- A support zone ranging from 2.37 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.95 from a horizontal line in the daily time frame.
- Resistance @4.70 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.69
Mansfield-1.42
10 Day High3.13
10 Day Low2.31
20 Day High3.13
20 Day Low1.9
52 Week High8.05
52 Week Low1.27
Performance
1 Week13.22%
2 Weeks7.45%
1 Month14.17%
3 Month-32.89%
6 Month69.15%
12 Month-62.71%
2 Year-71.46%
3 Year-81.18%
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)0.04
RSI(14)53.62
LBB2.19
UBB2.9
2.74
-0.2 (-6.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-6.8%
1 Week13.22%
2 Weeks7.45%
1 Month14.17%
3 Month-32.89%
6 Month69.15%
12 Month-62.71%
2 Year-71.46%
3 Year-81.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%12.06%
ATR Inc64.91%
Range Today0.59
ADR(20)0.31
ADR(20)%11.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.69
Mansfield-1.42
10 Day High3.13
10 Day Low2.31
20 Day High3.13
20 Day Low1.9
52 Week High8.05
52 Week Low1.27
CS1 End2.45
CR1 Start2.95
Volume & EV
DER(3)3.95%
DER(5)-0.23%
Volume53.30K
Volume Incr12.77%
Vol(5)40.62K
Vol(50)44.85K