IRHYTHM HOLDINGS INC (IRTC) Technical Analysis
NASDAQ:IRTC • US4500561067
Current stock price
125.32 USD
+2.71 (+2.21%)
At close:
125.178 USD
-0.14 (-0.11%)
After Hours:
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: 73% 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.
- 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.
- 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 188 other stocks in this industry, IRTC did better than 60% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 125.33. Right above this resistance zone may be a good entry point.
More info and screens
IRTC Support and Resistance Analysis
111.87
188.25
2 important support areas can be observed.
- Support @116.78 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 125.33 to 125.33. 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 | 27.57 | NEGATIVE | IRTC has a low relative strength, it was outperformed by 72.43% 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) | 54.41 | NEUTRAL | The RSI value for IRTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.71 | POSITIVE | The MACD value suggests IRTC has a positive trend. |
| Stochastics (14,3) | 80.76 | OVERBOUGHT | The high Stochastics value suggests IRTC may be overbought. |
| 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) | 19.39 | NEGATIVE | The low ADX value for IRTC suggests a weak or negative trend. |
IRTC Chart- and CandleStick Pattern Analysis
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)
IRTC Technicals: Chart, Performance Metrics, Trend & Indicators
125.32
+2.71 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.21%
1 Week8.75%
2 Weeks7.29%
1 Month6.4%
3 Month-25.03%
6 Month-31.07%
12 Month24.13%
2 Year14.36%
3 Year-4.63%
5 Year60.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.1
ATR(20)%3.87%
ATR Inc2.78%
Range Today3.53
ADR(20)4.57
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.57
3 months CRS12.18
6 months CRS14.43
Mansfield-2.56
10 Day High128.12
10 Day Low114.26
20 Day High128.12
20 Day Low112.98
52 Week High212
52 Week Low97.16
CS1 End116.78
CR1 Start125.33
Volume & EV
DER(3)-0.1%
DER(5)0.72%
Volume398.10K
Volume Incr-25.82%
Vol(5)380.94K
Vol(50)609.27K
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 54.4091. 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.