INOGEN INC - Daily - Technical analysis published on 02/05/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 49.04 USD
My targets
42.31 USD (-6.85%)
My analysis
INOGEN INC is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 49.04 USD. The next support located at 42.31 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
INOGEN INC rating 45.42 USD. The price is lower by +0.89% since the last closing and was traded between 45.07 USD and 46.42 USD over the period. The price is currently at +0.78% from its lowest and -2.15% from its highest.45.07
46.42
45.42
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by INOGEN INC:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of INOGEN INC indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
On the 18 technical indicators analysed, 5 are bullish, 5 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 42.31 | 45.42 | 51.56 | 63.19 | 76.15 |
| Change (%) | -6.85% | - | +13.52% | +39.12% | +67.66% |
| Change | -3.11 | - | +6.14 | +17.77 | +30.73 |
| Level | Major | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 43.42 | 43.99 | 44.51 | 45.08 | 45.60 | 46.17 | 46.69 |
| Camarilla | 44.72 | 44.82 | 44.92 | 45.02 | 45.12 | 45.22 | 45.32 |
| Woodie | 43.39 | 43.98 | 44.48 | 45.07 | 45.57 | 46.16 | 46.66 |
| Fibonacci | 43.99 | 44.41 | 44.67 | 45.08 | 45.50 | 45.76 | 46.17 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 38.54 | 40.92 | 42.60 | 44.98 | 46.66 | 49.04 | 50.72 |
| Camarilla | 43.15 | 43.53 | 43.90 | 44.27 | 44.64 | 45.01 | 45.39 |
| Woodie | 38.18 | 40.75 | 42.24 | 44.81 | 46.30 | 48.87 | 50.36 |
| Fibonacci | 40.92 | 42.47 | 43.43 | 44.98 | 46.53 | 47.49 | 49.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.12 | 26.72 | 35.49 | 52.09 | 60.86 | 77.46 | 86.23 |
| Camarilla | 37.29 | 39.62 | 41.94 | 44.27 | 46.60 | 48.92 | 51.25 |
| Woodie | 6.22 | 24.76 | 31.59 | 50.13 | 56.96 | 75.50 | 82.33 |
| Fibonacci | 26.72 | 36.41 | 42.40 | 52.09 | 61.78 | 67.77 | 77.46 |
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): | 23.60 | |
| MACD (12,26,9): | -5.3400 | |
| Directional Movement: | -29.18 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 43.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 43.31 | |
| Elder Ray (13): | -2.26 | |
| Super Trend (3,10): | 51.33 | |
| Zig ZAG (10): | 45.42 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 15.29 | |
| TEMA (21): | 41.43 | |
| Williams %R (14): | -79.75 | |
| Chande Momentum Oscillator (20): | -6.37 | |
| Repulse (5,40,3): | -2.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -1.3400 | |
| Courbe Coppock: | 36.17 |
| MA7: | 45.56 | |
| MA20: | 50.81 | |
| MA50: | 63.01 | |
| MA100: | 58.60 | |
| MAexp7: | 45.86 | |
| MAexp20: | 50.86 | |
| MAexp50: | 57.23 | |
| MAexp100: | 59.82 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -10.61% | |
| Price / MA50: | -27.92% | |
| Price / MA100: | -22.49% | |
| Price / MAexp7: | -0.96% | |
| Price / MAexp20: | -10.70% | |
| Price / MAexp50: | -20.64% | |
| Price / MAexp100: | -24.07% |
News
Don"t forget to follow the news on INOGEN INC. At the time of publication of this analysis, the latest news was as follows:
- Inogen to Announce Fourth Quarter and Full Year 2019 Financial Results on Tuesday, February 25, 2020
- Inogen Announces Preliminary, Unaudited Full Year and Fourth Quarter 2019 Revenue Results
- Inogen Announces Participation in the 38th Annual J.P. Morgan Healthcare Conference
- Inogen to Announce Third Quarter 2019 Financial Results on Tuesday, November 5, 2019
- Bragar Eagel & Squire, P.C. Is Investigating Certain Officers and Directors of Inogen, Inc. (NASDAQ: INGN) and Encourages Inogen Investors to Contact the Firm
This member declared not having a position on this financial instrument or a related financial instrument.
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