Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
INNOVATIVE DESIGNS INC (NASDAQ:IVDN)
Sidelines Mode (+55) - IVDN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IVDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for IVDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IVDN
The long-term trend has been UP since Jun 5th, 2023 at 0.25000
The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.28600
The short-term trend has been UP since Sep 26th, 2023 at 0.30872
Smart Scan Analysis for IVDN
Based on our trend formula, IVDN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.75||Year High Date||2018-01-25|
|Year Low||0.1521||Year Low Date||2018-11-23|
|52wk High||0.4||52wk High Date||2023-06-09|
|52wk Low||0.131||52wk Low Date||2022-10-03|
|Year End Close||0.35||Average Volume||17,865|
|Shares Outstanding||36,418||% Institutional||0.3|