Itamar Medical Ltd (ITMR) Technical Analysis
NASDAQ:ITMR
Current stock price
ITMR Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ITMR. Both in the recent history as in the last year, ITMR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, ITMR did better than 89% of all other stocks.
- ITMR is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. ITMR outperforms 92% of them.
- A new 52 week high is currently being made by ITMR, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so ITMR is leading the market.
- In the last month ITMR has a been trading in a tight range between 30.54 and 30.91.
- Volume is considerably higher in the last couple of days.
ITMR Weekly and Daily overview Charts
ITMR Setup Rating and Analysis
ITMR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ITMR Support and Resistance Analysis
17.82
We found 3 important support areas.
- A support zone ranging from 30.20 to 30.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.07 from a trend line in the weekly time frame.
- Support @18.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.88 to 30.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITMR 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 ITMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITMR is up. |
| ChartMill Relative Strength | 89.6 | POSITIVE | ITMR has a high relative strength, it outperformed 89.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.99 | NEUTRAL | The RSI value for ITMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ITMR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.36 | NEUTRAL | The Stochastics value for ITMR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for ITMR suggests low volalility. |
ITMR Chart- and CandleStick Pattern Analysis
ITMR 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 |
|---|---|---|---|
| 30.89 | 30.53 | 0.36 (1.17%) | 25.00% |
| An entry @30.89. This is a Buy Stop order right above the resistance zone. | An exit @30.53. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 1.17%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
ITMR Technicals: Chart, Performance Metrics, Trend & Indicators
30.87
+0.25 (+0.82%)
Itamar Medical Ltd / ITMR TA FAQ
What is the ChartMill technical rating of Itamar Medical Ltd (ITMR) stock?
ChartMill assigns a technical rating of 8 / 10 to ITMR.
Can you provide the trend direction for Itamar Medical Ltd?
The current trend direction for Itamar Medical Ltd (ITMR) is Bullish.
Can you provide the RSI signal for Itamar Medical Ltd?
Itamar Medical Ltd (ITMR) has an RSI value of 65.9894. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Itamar Medical Ltd?
The MACD indicator for Itamar Medical Ltd (ITMR) has a value of -0.0211812, indicating a bearish trend.
What is the short term momentum for ITMR stock?
The short term momentum for Itamar Medical Ltd (ITMR) is positive.