IHEARTMEDIA INC - CLASS A (IHRT) Technical Analysis
NASDAQ:IHRT • US45174J5092
Current stock price
IHRT Technical Rating and Analysis
Overall IHRT gets a technical rating of 2 out of 10. Although IHRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month IHRT has a been trading in the 2.55 - 3.63 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- IHRT is one of the better performing stocks in the Media industry, it outperforms 83% of 91 stocks in the same industry.
- Looking at the yearly performance, IHRT did better than 74% of all other stocks. However, IHRT's most recent performance is quite weak.
- IHRT is currently trading in the middle 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 slightly.
IHRT Weekly and Daily overview Charts
IHRT Setup Rating and Analysis
IHRT has a poor technical rating and the quality of the setup is also not perfect 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
IHRT Support and Resistance Analysis
2.64
2 important resistance areas can be observed.
- Resistance @3.13 from a trend line in the daily time frame.
- A resistance zone ranging from 3.40 to 3.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IHRT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for IHRT is down. |
| ChartMill Relative Strength | 74.08 | POSITIVE | IHRT has a high relative strength, it outperformed 74.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IHRT is below a declining 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) | UP | MIXED | The current price of IHRT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.82 | NEUTRAL | The RSI value for IHRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IHRT has a negative trend. |
| Stochastics (14,3) | 23.9 | NEUTRAL | The Stochastics value for IHRT is a neutral value. |
| Average True Range in percent/ATR (20) | 9.53 | HIGH VOLATILITY | The high ATR as a percentage value for IHRT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.23 | POSITIVE | The high ADX value value for IHRT suggests a strong trend. |
IHRT Chart- and CandleStick Pattern Analysis
IHRT Technicals: Chart, Performance Metrics, Trend & Indicators
2.67
-0.1 (-3.61%)
IHEARTMEDIA INC - CLASS A / IHRT TA FAQ
What is the ChartMill technical rating of IHEARTMEDIA INC - CLASS A (IHRT) stock?
ChartMill assigns a technical rating of 2 / 10 to IHRT.
Can you provide the trend direction for IHEARTMEDIA INC - CLASS A?
The current trend direction for IHEARTMEDIA INC - CLASS A (IHRT) is Bearish.
What is the RSI signal for IHRT stock?
IHEARTMEDIA INC - CLASS A (IHRT) has an RSI value of 31.8233. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for IHEARTMEDIA INC - CLASS A?
The buy/sell signal for IHEARTMEDIA INC - CLASS A (IHRT) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for IHEARTMEDIA INC - CLASS A (IHRT) stock?
IHEARTMEDIA INC - CLASS A (IHRT) has a resistance level at 3.13. Check the full technical report for our detailed analysis of IHRT support and resistance levels.