Previous Hold Today INSG ranks #3722 as HOLD CANDIDATE. Next Hold
Today INSG ranks #3722 as HOLD CANDIDATE.

INSG stock Inseego Corp

INSG stock
Inseego Corp

February 15, 2019
Change 5.32%
Chart period: 2018-11-16 - 2019-02-15
VOLUME
Buy
TREND
Buy

MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Sell

Will INSG stock price go up or down on Tue, 19 Feb 2019?

Inseego Corp Forecast and Stock Analysis

Technical INSG stock analysis for February 15, 2019.

Hold candidate since 2019-02-15
Shorts n/a
Cash n/a
Loans n/a
Beta 1.54
ROA -4.86

Inseego Corp gained 5.32% in the last trading day, rising from $4.70 to $4.95 The price has fallen in 6 of the last 10 days and is down by -3.7% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 119 579 more shares were traded than the day before. In total, 535 827 shares bought and sold for approximately $2.65 million.

Close price at the end of the last trading day (Friday, 15th Feb 2019) of the INSG stock was $4.95. This is 5.32% more than the trading day before Thursday, 14th Feb 2019.

During day the stock fluctuated 5.73% from a day low at $4.71 to a day high of $4.98.

30 day high of the INSG stock price was $6.00 and low was $4.58.
90 day high was $6.00 and low was $3.48.
52 week high for the Inseego Corp - $6.00 and low - $1.64.

Trend

Inseego Corp lies in the lower part of a very wide and strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $4.73 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 43.4% during the next 3 months and, with 90% probability hold a price between $6.79 and $9.41 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Thursday February 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Inseego Corp holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $5.00. On a fall, the stock will find some support from the short-term average at $4.85. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 41 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Inseego Corp finds support from accumulated volume at $4.93.

Support: $4.93 Price: $4.95 Resistance: $5.16

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.27 between high and low, or 5.73%. For the last week, the stock has had a daily average volatility of 4.71%.

Our recommended stoploss: $4.72 (-4.63%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Hold/Accumulate

Inseego Corp holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Hold/Accumulate.

Previous Hold Today INSG ranks #3722 as HOLD CANDIDATE. Next Hold
Today INSG ranks #3722 as HOLD CANDIDATE.