Logo image of VATE

INNOVATE CORP (VATE) Stock Technical Analysis

NYSE:VATE - New York Stock Exchange, Inc. - US45784J3032 - Common Stock - Currency: USD

10.68  +0.59 (+5.85%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to VATE. In the last year, VATE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month VATE has a been trading in the 4.71 - 11.21 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, VATE did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
VATE is part of the Construction & Engineering industry. There are 45 other stocks in this industry, VATE did better than 59% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
INNOVATE CORP / VATE Weekly stock chart
INNOVATE CORP / VATE Daily stock chart
Setup Rating and Analysis

2

Although VATE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

9.98

10.79

We found 1 important support area.

  • A support zone ranging from 10.08 to 10.10. 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
CRS86.77
Mansfield4.75
10 Day High11.21
10 Day Low4.72
20 Day High11.21
20 Day Low4.72
52 Week High11.21
52 Week Low3.25
Performance
1 Week108.04%
2 Weeks80.18%
1 Month92.19%
3 Month60.67%
6 Month54.75%
12 Month-0.1%
2 Year-67.97%
3 Year-74.33%
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)0.59
RSI(14)80.53
LBB2.13
UBB10.22
INNOVATE CORP / VATE Daily stock chart

INNOVATE CORP

NYSE:VATE (1/24/2025, 1:26:11 PM)

10.68

+0.59 (+5.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg5.85%
1 Week108.04%
2 Weeks80.18%
1 Month92.19%
3 Month60.67%
6 Month54.75%
12 Month-0.1%
2 Year-67.97%
3 Year-74.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%7.71%
ATR Inc125.96%
Range Today0.91
ADR(20)0.7
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.77
Mansfield4.75
10 Day High11.21
10 Day Low4.72
20 Day High11.21
20 Day Low4.72
52 Week High11.21
52 Week Low3.25
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)3.7%
DER(5)3.89%
Volume143.83K
Volume Incr20300.36%
Vol(5)6.81M
Vol(50)720.82K