INTEST CORP. - 1H - Technical analysis published on 11/20/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 7.31 USD
My targets
7.58 USD (+1.34%)
7.81 USD (+4.41%)
My analysis
The strong short-term increase of INTEST CORP. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 7.31 USD, a purchase could be considered. The first bullish objective is located at 7.58 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 7.81 USD. If there is any crossing, the next objective would be the resistance at 8.00 USD. Caution, if there is a return under 7.31 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.3
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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 7.48 USD. The price registered an increase of +7.01% on the session and was between 6.99 USD and 7.48 USD. This implies that the price is at +7.01% from its lowest and at 0% from its highest.6.99
7.48
7.48
Here is a more detailed summary of the historical variations registered by INTEST CORP.:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this INTEST CORP. chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
SuperTrend indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
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 | 6.16 | 6.94 | 7.31 | 7.48 | 7.58 | 7.81 | 8.00 |
| Change (%) | -17.65% | -7.22% | -2.27% | - | +1.34% | +4.41% | +6.95% |
| Change | -1.32 | -0.54 | -0.17 | - | +0.10 | +0.33 | +0.52 |
| Level | Major | Intermediate | Intermediate | - | Minor | Intermediate | Minor |
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 | 6.66 | 6.80 | 6.90 | 7.04 | 7.14 | 7.28 | 7.38 |
| Camarilla | 6.92 | 6.95 | 6.97 | 6.99 | 7.01 | 7.03 | 7.06 |
| Woodie | 6.63 | 6.79 | 6.87 | 7.03 | 7.11 | 7.27 | 7.35 |
| Fibonacci | 6.80 | 6.90 | 6.95 | 7.04 | 7.14 | 7.19 | 7.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.86 | 6.58 | 7.01 | 7.73 | 8.16 | 8.88 | 9.31 |
| Camarilla | 7.11 | 7.22 | 7.33 | 7.43 | 7.54 | 7.64 | 7.75 |
| Woodie | 5.71 | 6.51 | 6.86 | 7.66 | 8.01 | 8.81 | 9.16 |
| Fibonacci | 6.58 | 7.02 | 7.29 | 7.73 | 8.17 | 8.44 | 8.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.59 | 6.20 | 6.68 | 7.29 | 7.77 | 8.38 | 8.86 |
| Camarilla | 6.87 | 6.97 | 7.07 | 7.17 | 7.27 | 7.37 | 7.47 |
| Woodie | 5.54 | 6.17 | 6.63 | 7.26 | 7.72 | 8.35 | 8.81 |
| Fibonacci | 6.20 | 6.61 | 6.87 | 7.29 | 7.70 | 7.96 | 8.38 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 61.20 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 15.18 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 7.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.97 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 7.13 | |
| Zig ZAG (10): | 7.46 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 85.02 | |
| TEMA (21): | 7.17 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | 3.9100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2400 | |
| Courbe Coppock: | 1.48 |
| MA7: | 7.41 | |
| MA20: | 7.49 | |
| MA50: | 7.20 | |
| MA100: | 7.92 | |
| MAexp7: | 7.24 | |
| MAexp20: | 7.22 | |
| MAexp50: | 7.38 | |
| MAexp100: | 7.46 | |
| Price / MA7: | +0.94% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | +3.89% | |
| Price / MA100: | -5.56% | |
| Price / MAexp7: | +3.31% | |
| Price / MAexp20: | +3.60% | |
| Price / MAexp50: | +1.36% | |
| Price / MAexp100: | +0.27% |
Quotes :
-
15 min delayed data
-
NYSE MKT Stocks
News
The latest news and videos published on INTEST CORP. at the time of the analysis were as follows:
- 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
- inTEST Announces Second Quarter 2023 Financial Results Conference Call and Webcast on August 4
- inTEST Corporation Induction Heating Technology by Ambrell® Selected for Environmentally Preferred Approach for Preheating Application
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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