INTEST CORP. - 1H - Technical analysis published on 12/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 7.81 USD
My targets
8.33 USD (+4.26%)
8.46 USD (+5.88%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on INTEST CORP. as long as the price remains well above 7.81 USD. The buyers' bullish objective is set at 8.33 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 8.46 USD. If there is any crossing, the next objective would be the resistance located at 9.22 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The INTEST CORP. price is 7.99 USD. The price has increased by +5.13% since the last closing and was traded between 7.69 USD and 8.00 USD over the period. The price is currently at +3.90% from its lowest and -0.13% from its highest.7.69
8.00
7.99
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INTEST CORP.:
Technical
Technical analysis of INTEST CORP. in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 7.31 | 7.61 | 7.81 | 7.99 | 8.02 | 8.33 | 8.46 |
| Change (%) | -8.51% | -4.76% | -2.25% | - | +0.38% | +4.26% | +5.88% |
| Change | -0.68 | -0.38 | -0.18 | - | +0.03 | +0.34 | +0.47 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.41 | 7.51 | 7.55 | 7.65 | 7.69 | 7.79 | 7.83 |
| Camarilla | 7.56 | 7.57 | 7.59 | 7.60 | 7.61 | 7.63 | 7.64 |
| Woodie | 7.39 | 7.50 | 7.53 | 7.64 | 7.67 | 7.78 | 7.81 |
| Fibonacci | 7.51 | 7.56 | 7.59 | 7.65 | 7.70 | 7.73 | 7.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.59 | 7.05 | 7.48 | 7.94 | 8.37 | 8.83 | 9.26 |
| Camarilla | 7.68 | 7.76 | 7.84 | 7.92 | 8.00 | 8.08 | 8.17 |
| Woodie | 6.59 | 7.04 | 7.48 | 7.93 | 8.37 | 8.82 | 9.26 |
| Fibonacci | 7.05 | 7.39 | 7.60 | 7.94 | 8.28 | 8.49 | 8.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.36 | 6.15 | 6.87 | 7.66 | 8.38 | 9.17 | 9.89 |
| Camarilla | 7.17 | 7.30 | 7.44 | 7.58 | 7.72 | 7.86 | 8.00 |
| Woodie | 5.32 | 6.13 | 6.83 | 7.64 | 8.34 | 9.15 | 9.85 |
| Fibonacci | 6.15 | 6.73 | 7.09 | 7.66 | 8.24 | 8.60 | 9.17 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.32 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.73 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 7.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.62 | |
| Elder Ray (13): | 0.17 | |
| Super Trend (3,10): | 7.69 | |
| Zig ZAG (10): | 7.95 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 91.71 | |
| TEMA (21): | 7.85 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.35 | |
| Repulse (5,40,3): | 0.7900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.99 |
| MA7: | 7.89 | |
| MA20: | 7.65 | |
| MA50: | 7.45 | |
| MA100: | 7.48 | |
| MAexp7: | 7.88 | |
| MAexp20: | 7.80 | |
| MAexp50: | 7.80 | |
| MAexp100: | 7.74 | |
| Price / MA7: | +1.27% | |
| Price / MA20: | +4.44% | |
| Price / MA50: | +7.25% | |
| Price / MA100: | +6.82% | |
| Price / MAexp7: | +1.40% | |
| Price / MAexp20: | +2.44% | |
| Price / MAexp50: | +2.44% | |
| Price / MAexp100: | +3.23% |
Quotes :
-
15 min delayed data
-
NYSE MKT Stocks
News
Don't forget to follow the news on INTEST CORP.. At the time of publication of this analysis, the latest news was as follows:
- inTEST Corporation to Participate in the 13th Annual NYC Summit
- inTEST Corporation to Participate in Upcoming Investor Conferences
- inTEST Corporation to Present at the Southwest IDEAS Conference
- inTEST to Restate Third Quarter and First Nine Months 2023 Financial Statements
- inTEST Reports Record Revenue of $32.6 Million for the 2023 Second Quarter with Net Earnings Growth of 32% Year-over-Year
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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