INNOVATE CORP (VATE) Stock Technical Analysis
NYSE:VATE - New York Stock Exchange, Inc. - US45784J3032 - Common Stock - Currency: USD
Taking everything into account, VATE scores 9 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, VATE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
VATE is one of the better performing stocks in the Construction & Engineering industry, it outperforms 93% of 48 stocks in the same industry.
VATE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so VATE is lagging the market slightly.
Looking at the yearly performance, VATE did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month VATE has a been trading in the 9.95 - 13.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although VATE has an excellent technical rating, it does not present a decent entry opportunity 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
5.67
10.92
We found 1 important support area.
- Support @5.73 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
CRS95.31
Mansfield5.92
10 Day High13.79
10 Day Low10.7
20 Day High13.79
20 Day Low9.95
52 Week High13.79
52 Week Low3.25
Performance
1 Week-19.27%
2 Weeks-17.61%
1 Month7.14%
3 Month80.47%
6 Month149.08%
12 Month36.49%
2 Year-63.48%
3 Year-67.54%
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)-0.31
RSI(14)50.34
LBB11
UBB13.67
10.81
-1.51 (-12.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-12.26%
1 Week-19.27%
2 Weeks-17.61%
1 Month7.14%
3 Month80.47%
6 Month149.08%
12 Month36.49%
2 Year-63.48%
3 Year-67.54%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%9.7%
ATR Inc13.07%
Range Today1.71
ADR(20)1.05
ADR(20)%9.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.31
Mansfield5.92
10 Day High13.79
10 Day Low10.7
20 Day High13.79
20 Day Low9.95
52 Week High13.79
52 Week Low3.25
CS1 End5.73
CR1 StartN/A
Volume & EV
DER(3)-9.78%
DER(5)-3.69%
Volume161.30K
Volume Incr-94.17%
Vol(5)107.10K
Vol(50)761.18K