ITC HLDGS CORP (ITC) Stock Technical Analysis
USA - NYSE:ITC -
45.5
-0.48 (-1.04%)
45.8
+0.3 (+0.66%)
Overall ITC gets a technical rating of 6 out of 10. In the last year, ITC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ITC is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, ITC also shows a nice and consistent pattern of rising prices.
ITC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ITC has an average volume of 1494730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ITC has a been trading in a tight range between 44.91 and 46.86.
Volume is considerably higher in the last couple of days.
ITC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 45.48, a Stop Loss order could be placed below this zone.
More info and screens
44.52
47.70
When analyzing the support we notice one important area.
- A support zone ranging from 44.97 to 45.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 45.52 to 47.23. This zone is formed by a combination of multiple trend lines and important moving averages 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 ITC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITC is neutral. |
| ChartMill Relative Strength | 78.5 | POSITIVE | ITC has a high relative strength, it outperformed 78.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ITC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45 | NEUTRAL | The RSI value for ITC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ITC has a negative trend. |
| Stochastics (14,3) | 39.83 | NEUTRAL | The Stochastics value for ITC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for ITC suggests low volalility. |
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)
45.5
-0.48 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.04%
1 Week-0.37%
2 Weeks-2.21%
1 Month0.13%
3 Month-2.19%
6 Month5.4%
12 Month34.18%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%1.29%
ATR Inc80.35%
Range Today1.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.5
Mansfield0.48
10 Day High46.86
10 Day Low44.91
20 Day High46.86
20 Day Low44.91
52 Week High47.46
52 Week Low30.33
CS1 End45.48
CR1 Start45.52
Volume & EV
DER(3)2.12%
DER(5)2.6%
Volume31.08M
Volume Incr464.37%
Vol(5)7.18M
Vol(50)1.49M