Iteris Incorporated New (ITI) Technical Analysis
NASDAQ:ITI • US46564T1079
Current stock price
ITI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ITI. Both in the recent history as in the last year, ITI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- ITI is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. ITI outperforms 78% of them.
- ITI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ITI is leading the market.
- When comparing the yearly performance of all stocks, we notice that ITI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month ITI has a been trading in a tight range between 7.15 and 7.20.
ITI Weekly and Daily overview Charts
ITI Setup Rating and Analysis
Besides having an excellent technical rating, ITI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.19, a Stop Loss order could be placed below this zone.
More info and screens
ITI Support and Resistance Analysis
4.03
4 important support areas can be observed.
- A support zone ranging from 7.04 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.38 from a trend line in the weekly time frame.
- Support @4.15 from a trend line in the weekly time frame.
- Support @4.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.20 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITI 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 | UP | POSITIVE | The long term trend for ITI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITI is up. |
| ChartMill Relative Strength | 92.4 | POSITIVE | ITI has a high relative strength, it outperformed 92.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.12 | OVERBOUGHT | The high RSI value suggests ITI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ITI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests ITI may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for ITI suggests low volalility. |
| Average Directional Index/ADX (14) | 61.38 | POSITIVE | The high ADX value value for ITI suggests a strong trend. |
ITI Chart- and CandleStick Pattern Analysis
ITI Example Setup
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 |
|---|---|---|---|
| 7.22 | 7.17 | 0.05 (0.69%) | 25.00% |
| An entry @7.22. This is a Buy Stop order right above the resistance zone. | An exit @7.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 0.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%. |
- 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.
ITI Technicals: Chart, Performance Metrics, Trend & Indicators
7.19
-0.01 (-0.14%)
Iteris Incorporated New / ITI TA FAQ
What is the ChartMill technical rating of Iteris Incorporated New (ITI) stock?
ChartMill assigns a technical rating of 9 / 10 to ITI.
Can you provide the trend direction for Iteris Incorporated New?
The current trend direction for Iteris Incorporated New (ITI) is Bullish.
What is the RSI signal for Iteris Incorporated New (ITI) stock?
Iteris Incorporated New (ITI) has an RSI value of 71.116. This indicates that the stock is currently overbought.
Can you provide the short term momentum for Iteris Incorporated New?
The short term momentum for Iteris Incorporated New (ITI) is positive.
Can you provide the buy/sell signal for Iteris Incorporated New?
The buy/sell signal for Iteris Incorporated New (ITI) is buy as both the short term and long term trends are positive.