IRHYTHM HOLDINGS INC (IRTC) Technical Analysis
NASDAQ:IRTC • US4500561067
Current stock price
IRTC Technical Rating and Analysis
Taking everything into account, IRTC scores 1 out of 10 in our technical rating. IRTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- When comparing the yearly performance of all stocks, IRTC is a bad performer in the overall market: 74% of all stocks are doing better.
- IRTC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month IRTC has a been trading in the 112.98 - 128.12 range, which is quite wide. It is currently trading near the high of this range.
- IRTC is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, IRTC did better than 61% of them.
- Considerably lower volume is observed in the last couple of days.
IRTC Weekly and Daily overview Charts
IRTC Setup Rating and Analysis
IRTC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 125.32. Right above this resistance zone may be a good entry point.
More info and screens
IRTC Support and Resistance Analysis
111.87
When analyzing the support we can see 2 important areas.
- Support @117.53 from a trend line in the weekly time frame.
- A support zone ranging from 113.00 to 113.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 125.32 to 125.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @186.39 from a horizontal line in the daily time frame.
IRTC 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 IRTC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IRTC is neutral. |
| ChartMill Relative Strength | 26.51 | NEGATIVE | IRTC has a low relative strength, it was outperformed by 73.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IRTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IRTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IRTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.71 | NEUTRAL | The RSI value for IRTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.68 | POSITIVE | The MACD value suggests IRTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for IRTC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for IRTC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.46 | NEGATIVE | The low ADX value for IRTC suggests a weak or negative trend. |
IRTC Chart- and CandleStick Pattern Analysis
IRTC Technicals: Chart, Performance Metrics, Trend & Indicators
124.91
-0.41 (-0.33%)
IRHYTHM HOLDINGS INC / IRTC TA FAQ
What is the ChartMill technical rating of IRHYTHM HOLDINGS INC (IRTC) stock?
ChartMill assigns a technical rating of 1 / 10 to IRTC.
What is the current trend direction of IRHYTHM HOLDINGS INC (IRTC) stock?
The current trend direction for IRHYTHM HOLDINGS INC (IRTC) is Bearish.
What is the RSI signal for IRHYTHM HOLDINGS INC (IRTC) stock?
IRHYTHM HOLDINGS INC (IRTC) has an RSI value of 53.7125. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IRHYTHM HOLDINGS INC?
The short term momentum for IRHYTHM HOLDINGS INC (IRTC) is neutral.