INNODATA INC.
INNODATA INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: INOD
ISIN:

INNODATA INC. - 1H - Technical analysis published on 01/24/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 38.33 USD
My targets
40.67 USD (+0.97%)
43.15 USD (+7.13%)
My analysis
INNODATA INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 38.33 USD. The next resistance located at 40.67 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 43.15 USD. After this resistance, buyers could then target 44.44 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by sergio ronconi. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The INNODATA INC. price is 40.28 USD. The price has increased by +1.51% since the last closing and was between 38.94 USD and 42.46 USD. This implies that the price is at +3.44% from its lowest and at -5.13% from its highest.

38.94
42.46
40.28

A study of price movements over other periods shows the following variations:

Technical


A technical analysis in 1H of this INNODATA INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : 1 hour



The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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


S3S2S1PriceR1R2R3
ProTrendLines 34.19 36.10 38.33 40.28 40.67 43.15 44.44
Change (%) -15.12% -10.38% -4.84% - +0.97% +7.13% +10.33%
Change -6.09 -4.18 -1.95 - +0.39 +2.87 +4.16
Level Major Minor Major - Intermediate Minor Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard35.1437.0438.6640.5642.1844.0845.70
Camarilla39.3139.6439.9640.2840.6040.9341.25
Woodie35.0036.9738.5240.4942.0444.0145.56
Fibonacci37.0438.3939.2240.5641.9142.7444.08


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard30.4433.2836.7839.6243.1245.9649.46
Camarilla38.5439.1239.7040.2840.8641.4442.02
Woodie30.7733.4537.1139.7943.4546.1349.79
Fibonacci33.2835.7037.2039.6242.0443.5445.96


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.4720.9430.2342.7051.9964.4673.75
Camarilla33.5435.5337.5339.5241.5243.5145.50
Woodie6.8820.1528.6441.9150.4063.6772.16
Fibonacci20.9429.2534.3942.7051.0156.1564.46

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.76
MACD (12,26,9): 0.7600
Directional Movement: 15.52
AROON (14): 42.86
DEMA (21): 40.81
Parabolic SAR (0,02-0,02-0,2): 39.33
Elder Ray (13): 0.16
Super Trend (3,10): 38.59
Zig ZAG (10): 40.33
VORTEX (21): 1.0800
Stochastique (14,3,5): 57.10
TEMA (21): 41.04
Williams %R (14): -49.28
Chande Momentum Oscillator (20): 1.49
Repulse (5,40,3): -0.9200
ROCnROLL: 1
TRIX (15,9): 0.2800
Courbe Coppock: 7.89
MA7: 38.42
MA20: 39.59
MA50: 40.53
MA100: 29.12
MAexp7: 40.60
MAexp20: 39.79
MAexp50: 38.74
MAexp100: 38.68
Price / MA7: +4.84%
Price / MA20: +1.74%
Price / MA50: -0.62%
Price / MA100: +38.32%
Price / MAexp7: -0.79%
Price / MAexp20: +1.23%
Price / MAexp50: +3.98%
Price / MAexp100: +4.14%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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