IRHYTHM TECHNOLOGIES INC (IRTC) Stock Technical Analysis
USA - NASDAQ:IRTC - US4500561067 - Common Stock
Taking everything into account, IRTC scores 8 out of 10 in our technical rating. In the last year, IRTC was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, IRTC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 174.59, a Stop Loss order could be placed below this zone.
More info and screens
154.17
We found 3 important support areas.
- A support zone ranging from 172.16 to 174.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @168.02 from a trend line in the weekly time frame.
- Support @155.73 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 178.28 to 180.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 186.39 to 187.31. 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 IRTC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRTC is neutral. |
| ChartMill Relative Strength | 94.11 | POSITIVE | IRTC has a high relative strength, it outperformed 94.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IRTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IRTC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IRTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.49 | NEUTRAL | The RSI value for IRTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.16 | NEGATIVE | The MACD value suggests IRTC has a negative trend. |
| Stochastics (14,3) | 9.97 | OVERSOLD | The low Stochastics value suggests IRTC may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for IRTC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.22 | NEGATIVE | The low ADX value for IRTC suggests a weak or negative trend. |
176.31
+0.01 (+0.01%)
IRHYTHM TECHNOLOGIES INC / IRTC FAQ
What is the ChartMill technical rating of IRHYTHM TECHNOLOGIES INC (IRTC) stock?
ChartMill assigns a technical rating of 8 / 10 to IRTC.
What is the trend direction for IRTC stock?
The current trend direction for IRHYTHM TECHNOLOGIES INC (IRTC) is Bullish.
What is the RSI signal for IRTC stock?
IRHYTHM TECHNOLOGIES INC (IRTC) has an RSI value of 45.4874. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IRHYTHM TECHNOLOGIES INC?
The MACD indicator for IRHYTHM TECHNOLOGIES INC (IRTC) has a value of -1.15786, indicating a bearish trend.
Can you provide the short term momentum for IRHYTHM TECHNOLOGIES INC?
The short term momentum for IRHYTHM TECHNOLOGIES INC (IRTC) is neutral.