IDT CORP-CLASS B (IDT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IDT - US4489475073 - Common Stock
Overall IDT gets a technical rating of 3 out of 10. IDT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is bad, IDT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 49.46, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IDT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.25
We found 3 important support areas.
- A support zone ranging from 49.08 to 49.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.78 from a horizontal line in the daily time frame.
- A support zone ranging from 45.71 to 46.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 51.33 to 52.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.77 from a trend line in the weekly time frame.
- Resistance @66.16 from a trend line in the daily time frame.
- Resistance @68.62 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for IDT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDT is neutral. |
| ChartMill Relative Strength | 62.1 | NEUTRAL | IDT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IDT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.19 | NEUTRAL | The RSI value for IDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IDT has a negative trend. |
| Stochastics (14,3) | 48.26 | NEUTRAL | The Stochastics value for IDT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for IDT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.87 | POSITIVE | The high ADX value value for IDT suggests a strong trend. |
50.94
-1.11 (-2.13%)
IDT CORP-CLASS B / IDT FAQ
What is the ChartMill technical rating of IDT CORP-CLASS B (IDT) stock?
ChartMill assigns a technical rating of 3 / 10 to IDT.
What is the trend direction for IDT stock?
The current trend direction for IDT CORP-CLASS B (IDT) is Bearish.
Can you provide the RSI signal for IDT CORP-CLASS B?
IDT CORP-CLASS B (IDT) has an RSI value of 48.1873. This indicates that the stock is currently neutral.
What is the short term momentum for IDT CORP-CLASS B (IDT) stock?
The short term momentum for IDT CORP-CLASS B (IDT) is neutral.
Can you provide the support and resistance levels for IDT CORP-CLASS B?
IDT CORP-CLASS B (IDT) has a support level at 49.46 and a resistance level at 51.33. Check the full technical report for our detailed analysis of IDT support and resistance levels.