IHEARTMEDIA INC - CLASS A (IHRT) Stock Technical Analysis
NASDAQ:IHRT - Nasdaq - US45174J5092 - Common Stock - Currency: USD
Overall IHRT gets a technical rating of 2 out of 10. IHRT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
IHRT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IHRT is lagging the market.
When comparing the performance of all stocks over the past year, IHRT turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
IHRT is an average performer in the Media industry, it outperforms 63% of 96 stocks in the same industry.
In the last month IHRT has a been trading in the 1.00 - 1.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IHRT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.99
2.45
We found 2 important support areas.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.00 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 1.25 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.33 from a trend line in the daily time frame.
- A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.96 from a trend line in the weekly time frame.
- Resistance @2.43 from a trend line in the weekly 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 IHRT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IHRT is neutral. |
| ChartMill Relative Strength | 53.01 | NEUTRAL | IHRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IHRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IHRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IHRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for IHRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IHRT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.28 | NEUTRAL | The Stochastics value for IHRT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.13 | HIGH VOLATILITY | The high ATR as a percentage value for IHRT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for IHRT suggests a strong trend. |
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)
1.23
-0.01 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.81%
1 Week-0.81%
2 Weeks-2.38%
1 Month20.59%
3 Month-41.71%
6 Month-48.75%
12 Month41.38%
2 Year-48.1%
3 Year-89.58%
5 Year-85.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.13%
ATR Inc-46.7%
Range Today0.07
ADR(20)0.11
ADR(20)%9.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.01
Mansfield-2.78
10 Day High1.54
10 Day Low1.11
20 Day High1.54
20 Day Low1
52 Week High2.84
52 Week Low0.81
CS1 End1.22
CR1 Start1.25
Volume & EV
DER(3)2.88%
DER(5)2.93%
Volume493.40K
Volume Incr-22.33%
Vol(5)561.38K
Vol(50)764.41K