INO 2020-09-28 Technical Analysis and Forecast


INO Report

Sample Size: 4; Percent Error: 10%

Current Trend Performance

INO is -122.82% from monthly high, 21.17% from monthly low, -24.08% from 10 day simple moving average, -8.16% from 20 day simple moving average, and -24.59% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 21.43, the lows are 12.11, and the median is 16.77. 50.0% to decrease between -31.62% - 0%. 50.0% to increase between 63.24% - 94.86%.
Day 2:
The highs are 22.48, the lows are 11.61, and the median is 17.05. 50.0% to decrease between -31.62% - 0%. 25.0% to increase between 0% - 31.62%. 25.0% to increase between 63.24% - 94.86%.
Day 3:
The highs are 21.59, the lows are 11.59, and the median is 16.59. 50.0% to decrease between -31.62% - 0%. 50.0% to increase between 63.24% - 94.86%.
Day 4:
The highs are 22.64, the lows are 11.56, and the median is 17.1. 40.0% to decrease between -31.62% - 0%. 20.0% to increase between 31.62% - 63.24%. 40.0% to increase between 63.24% - 94.86%.
Day 5:
The highs are 20.77, the lows are 11.51, and the median is 16.14. 40.0% to decrease between -31.62% - 0%. 20.0% to increase between 31.62% - 63.24%. 40.0% to increase between 63.24% - 94.86%.
Day 6:
The highs are 20.05, the lows are 11.23, and the median is 15.64. 40.0% to decrease between -31.62% - 0%. 40.0% to increase between 31.62% - 63.24%. 20.0% to increase between 63.24% - 94.86%.
Day 7:
The highs are 20.04, the lows are 11.12, and the median is 15.58. 33.33% to decrease between -31.62% - 0%. 33.33% to increase between 31.62% - 63.24%. 33.33% to increase between 63.24% - 94.86%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 8.3, because of monthly low, and 10.6. There is possible resistance range between 14.44 and 15.98, because of 50 day SMA. Areas of uncertainty are beyond 6.73 and beyond 18.0. Minimum movement range is 31.62%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.