IRHYTHM TECHNOLOGIES INC (IRTC) Stock Technical Analysis
NASDAQ:IRTC - Nasdaq - US4500561067 - Common Stock - Currency: USD
Taking everything into account, IRTC scores 6 out of 10 in our technical rating. Although IRTC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
IRTC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 77% of 189 stocks in the same industry.
In the last month IRTC has a been trading in the 92.52 - 109.34 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, IRTC turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
IRTC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IRTC has only a medium technical rating, but it does show 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 104.97, a Stop Loss order could be placed below this zone.
More info and screens
95.87
122.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 100.34 to 104.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 96.84 to 98.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 119.44 to 119.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @121.38 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.25
Mansfield2.03
10 Day High107.51
10 Day Low97.16
20 Day High109.34
20 Day Low92.52
52 Week High128.52
52 Week Low55.92
Performance
1 Week7.2%
2 Weeks3.33%
1 Month1.87%
3 Month-2.03%
6 Month42.11%
12 Month3.86%
2 Year-18.84%
3 Year-13.56%
5 Year0.95%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.82
RSI(14)56.47
LBB97
UBB107.85
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 |
|---|---|---|---|
| 107.52 | 100.33 | 7.19 (6.68%) | 14.96% |
| An entry @107.52. This is a Buy Stop order right above the 10 day high. | An exit @100.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.19 points, which is 6.68%. | When investing 14.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IRTC. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:IRTC (4/30/2025, 3:22:16 PM)
106.88
+0.24 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.23%
1 Week7.2%
2 Weeks3.33%
1 Month1.87%
3 Month-2.03%
6 Month42.11%
12 Month3.86%
2 Year-18.84%
3 Year-13.56%
5 Year0.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.82
ATR(20)%5.5%
ATR Inc-55.37%
Range Today2.6
ADR(20)5.35
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.25
Mansfield2.03
10 Day High107.51
10 Day Low97.16
20 Day High109.34
20 Day Low92.52
52 Week High128.52
52 Week Low55.92
CS1 End104.97
CR1 Start119.44
Volume & EV
DER(3)2.3%
DER(5)0.58%
Volume278.06K
Volume Incr-28.06%
Vol(5)264.64K
Vol(50)426.48K