INTEGRATED DEVICE TECHNOLOGY (IDTI) Stock Technical Analysis
NASDAQ:IDTI - Nasdaq -
We assign a technical rating of 9 out of 10 to IDTI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDTI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IDTI is one of the better performing stocks in the market, outperforming 91% of all stocks.
A new 52 week high is currently being made by IDTI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so IDTI is leading the market.
IDTI has an average volume of 2924890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month IDTI has a been trading in a tight range between 47.73 and 49.00.
Volume is considerably higher in the last couple of days.
IDTI has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.81
49.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 47.78 to 48.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.01 from a trend line in the weekly time frame.
- Support @36.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.00 to 49.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for IDTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDTI is up. |
| ChartMill Relative Strength | 91.54 | POSITIVE | IDTI has a high relative strength, it outperformed 91.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.72 | NEUTRAL | The RSI value for IDTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IDTI has a positive trend. |
| Stochastics (14,3) | 99.21 | OVERBOUGHT | The high Stochastics value suggests IDTI may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for IDTI suggests low volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 49.01 | 47.72 | 1.29 (2.63%) | 25.00% |
| An entry @49.01. This is a Buy Stop order right above the resistance zone. | An exit @47.72. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.29 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
48.99
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week2.51%
2 Weeks1.43%
1 Month1.34%
3 Month1.37%
6 Month4.21%
12 Month60.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%0.4%
ATR Inc-93.86%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.54
Mansfield1.39
10 Day High49
10 Day Low47.73
20 Day High49
20 Day Low47.73
52 Week High49
52 Week Low27.71
CS1 End48.49
CR1 Start49
Volume & EV
DER(3)-0.58%
DER(5)-0.59%
Volume11.70M
Volume Incr209.35%
Vol(5)7.61M
Vol(50)2.92M