ITONIC HOLDINGS LTD (ITOC) Technical Analysis
NASDAQ:ITOC • KYG713991027
Current stock price
ITOC Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ITOC. In the last year, ITOC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, ITOC is a bad performer in the overall market: 100% of all stocks are doing better.
- ITOC is part of the Health Care Technology industry. There are 34 other stocks in this industry, of which 96% are performing better than ITOC.
- The long and short term trends are both positive. This is looking good!
- ITOC has an average volume of 4078960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ITOC has a been trading in the 0.27 - 0.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ITOC Weekly and Daily overview Charts
ITOC Setup Rating and Analysis
ITOC has an average technical rating and the quality of the presented setup is also not ideal 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
ITOC Support and Resistance Analysis
0.29
2 important support areas can be observed.
- Support @0.31 from a trend line in the daily time frame.
- Support @0.29 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITOC 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 ITOC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITOC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ITOC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ITOC is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.57 | NEUTRAL | The RSI value for ITOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ITOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.91 | NEUTRAL | The Stochastics value for ITOC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.66 | HIGH VOLATILITY | The high ATR as a percentage value for ITOC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for ITOC suggests a weak or negative trend. |
ITOC Chart- and CandleStick Pattern Analysis
ITOC Technicals: Chart, Performance Metrics, Trend & Indicators
0.3527
-0.01 (-2.78%)
ITONIC HOLDINGS LTD / ITOC TA FAQ
Can you provide the ChartMill technical rating for ITONIC HOLDINGS LTD?
ChartMill assigns a technical rating of 5 / 10 to ITOC.
Can you provide the trend direction for ITONIC HOLDINGS LTD?
The current trend direction for ITONIC HOLDINGS LTD (ITOC) is Bullish.
What is the RSI signal for ITOC stock?
ITONIC HOLDINGS LTD (ITOC) has an RSI value of 52.5667. This indicates that the stock is currently neutral.
What is the MACD signal for ITOC stock?
The MACD indicator for ITONIC HOLDINGS LTD (ITOC) has a value of 0.00635891, indicating a bearish trend.
Can you provide the short term momentum for ITONIC HOLDINGS LTD?
The short term momentum for ITONIC HOLDINGS LTD (ITOC) is positive.