INO 2020-10-06 Technical Analysis and Forecast


INO Report

Sample Size: 6; Percent Error: 5%

Current Trend Performance

INO is -49.23% from monthly high, 22.88% from monthly low, -5.32% from 10 day simple moving average, -8.73% from 20 day simple moving average.

Forecast Ranges

Day 1:
The highs are 13.03, the lows are 11.81, and the median is 12.42. 33.33% to decrease between -9.06% - 0%. 66.67% to increase between 0% - 9.06%.
Day 2:
The highs are 13.13, the lows are 11.53, and the median is 12.33. 50.0% to decrease between -9.06% - 0%. 50.0% to increase between 0% - 9.06%.
Day 3:
The highs are 13.33, the lows are 11.06, and the median is 12.2. 16.67% to decrease between -18.12% - -9.06%. 83.33% to increase between 0% - 9.06%.
Day 4:
The highs are 13.88, the lows are 11.79, and the median is 12.84. 16.67% to decrease between -9.06% - 0%. 66.67% to increase between 0% - 9.06%. 16.67% to increase between 9.06% - 18.12%.
Day 5:
The highs are 14.03, the lows are 10.68, and the median is 12.36. 16.67% to decrease between -18.12% - -9.06%. 66.67% to increase between 0% - 9.06%. 16.67% to increase between 9.06% - 18.12%.
Day 6:
The highs are 13.82, the lows are 10.65, and the median is 12.23. 16.67% to decrease between -18.12% - -9.06%. 50.0% to increase between 0% - 9.06%. 33.33% to increase between 9.06% - 18.12%.
Day 7:
The highs are 13.75, the lows are 12.03, and the median is 12.89. 16.67% to decrease between -9.06% - 0%. 50.0% to increase between 0% - 9.06%. 33.33% to increase between 9.06% - 18.12%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 11.29 and 12.22. There is possible resistance range between 13.35 and 13.53. Areas of uncertainty are beyond 10.44 and beyond 13.73. Minimum movement range is 9.06%.

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.