Powershares Db 3X Italian Treas (ITLT) Technical Analysis
NYSEARCA:ITLT
Current stock price
ITLT Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ITLT. In the last year, ITLT was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month ITLT has a been trading in the 65.95 - 70.41 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ITLT has an average volume of 2228 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, ITLT did better than 87% of all other stocks. On top of that, ITLT also shows a nice and consistent pattern of rising prices.
- ITLT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ITLT is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ITLT Weekly and Daily overview Charts
ITLT Setup Rating and Analysis
Although ITLT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ITLT Support and Resistance Analysis
63.31
We found 2 important support areas.
- A support zone ranging from 65.51 to 65.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 63.95 to 63.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 66.46 to 67.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 71.00 to 71.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITLT 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 ITLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITLT is neutral. |
| ChartMill Relative Strength | 87.36 | POSITIVE | ITLT has a high relative strength, it outperformed 87.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITLT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITLT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.2 | NEUTRAL | The RSI value for ITLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ITLT has a negative trend. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for ITLT suggests low volalility. |
ITLT Chart- and CandleStick Pattern Analysis
ITLT Technicals: Chart, Performance Metrics, Trend & Indicators
Powershares Db 3X Italian Treas
NYSEARCA:ITLT (2/24/2015, 8:02:07 PM)
65.98
-0.71 (-1.06%)
Powershares Db 3X Italian Treas / ITLT TA FAQ
Can you provide the ChartMill technical rating for Powershares Db 3X Italian Treas?
ChartMill assigns a technical rating of 6 / 10 to ITLT.
What is the trend direction for ITLT stock?
The current trend direction for Powershares Db 3X Italian Treas (ITLT) is Bullish.
What is the RSI signal for Powershares Db 3X Italian Treas (ITLT) stock?
Powershares Db 3X Italian Treas (ITLT) has an RSI value of 44.2016. This indicates that the stock is currently neutral.
What is the support and resistance level for ITLT stock?
Powershares Db 3X Italian Treas (ITLT) has a support level at 65.95 and a resistance level at 66.46. Check the full technical report for our detailed analysis of ITLT support and resistance levels.