INOTIV INC (NOTV)

US45783Q1004 - Common Stock

4.23  -0.51 (-10.76%)

Technical Rating and Analysis

10

Taking everything into account, NOTV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NOTV is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NOTV did better than 97% of all other stocks. On top of that, NOTV also shows a nice and consistent pattern of rising prices.
NOTV is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 96% of 56 stocks in the same industry.
NOTV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NOTV is lagging the market slightly.
In the last month NOTV has a been trading in the 3.43 - 6.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NOTV Weekly chart
NOTV Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, NOTV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for NOTV 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.
Support and Resistance Analysis

1.69

5.76

When analyzing the support we can see 2 important areas.

  • Support @4.17 from a trend line in the daily time frame.
  • Support @1.71 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 4.72 to 4.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.87 from a horizontal line in the daily time frame.
  • Resistance @5.70 from a trend line in the daily time frame.
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
CRS97.2
Mansfield1.77
10 Day High6.48
10 Day Low3.55
20 Day High6.48
20 Day Low3.43
52 Week High11.42
52 Week Low1.23
Performance
1 Week23.57%
2 Weeks0.53%
1 Month34.04%
3 Month200.32%
6 Month185.84%
12 Month29.29%
2 Year-3.95%
3 Year-88.72%
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)-0.08
RSI(14)57.05
LBB3.33
UBB6.06
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
4.884.160.72 (14.75%)6.78%
An entry @4.88. This is a Buy Stop order right above the resistance zone.An exit @4.16. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.72 points, which is 14.75%.For a 1.00% total portfolio risk, you can invest 6.78% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of NOTV. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NOTV Daily chart

INOTIV INC

NASDAQ:NOTV (12/30/2024, 2:08:00 PM)

4.23

-0.51 (-10.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-10.76%
1 Week23.57%
2 Weeks0.53%
1 Month34.04%
3 Month200.32%
6 Month185.84%
12 Month29.29%
2 Year-3.95%
3 Year-88.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%16.07%
ATR Inc-31.24%
Range Today0.61
ADR(20)0.7
ADR(20)%16.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.2
Mansfield1.77
10 Day High6.48
10 Day Low3.55
20 Day High6.48
20 Day Low3.43
52 Week High11.42
52 Week Low1.23
CS1 End4.17
CR1 Start4.87
Volume & EV
DER(3)5.72%
DER(5)2.55%
Volume673.51K
Volume Incr-39.14%
Vol(5)923.32K
Vol(50)885.26K