NASDAQ:ITIC - Nasdaq - US4618041069 - Common Stock - Currency: USD
Overall ITIC gets a technical rating of 8 out of 10. In the past year, ITIC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ITIC has an excellent technical rating and 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 239.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 237.34, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
190.02
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
245.73 | 230.52 | 15.21 (6.19%) | 16.16% |
An entry @245.73. This is a Buy Stop order right above the resistance zone. | An exit @230.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 15.21 points, which is 6.19%. | For a 1.00% total portfolio risk, you can invest 16.16% of your capital in this trade. |
239
-1.23 (-0.51%)