ITEOS THERAPEUTICS INC (ITOS) Technical Analysis
NASDAQ:ITOS • US46565G1040
Current stock price
ITOS Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to ITOS. Although ITOS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ITOS is a bad performer in the overall market: 90% of all stocks are doing better.
- ITOS is part of the Biotechnology industry. There are 518 other stocks in this industry, of which 72% are performing better than ITOS.
- The long and short term trends are both positive. This is looking good!
- ITOS has an average volume of 1421650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ITOS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITOS is lagging the market slightly.
- In the last month ITOS has a been trading in a tight range between 10.08 and 10.22.
- Volume is considerably higher in the last couple of days.
ITOS Weekly and Daily overview Charts
ITOS Setup Rating and Analysis
Although the technical rating is only medium, ITOS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.15, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ITOS Support and Resistance Analysis
9.72
When analyzing the support we notice one important area.
- A support zone ranging from 9.82 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.20 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITOS 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 ITOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITOS is up. |
| ChartMill Relative Strength | 10.55 | NEGATIVE | ITOS has a low relative strength, it was outperformed by 89.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITOS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.76 | NEUTRAL | The RSI value for ITOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ITOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for ITOS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for ITOS suggests low volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for ITOS suggests a strong trend. |
ITOS Chart- and CandleStick Pattern Analysis
ITOS 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 |
|---|---|---|---|
| 10.23 | 10.09 | 0.14 (1.42%) | 25.00% |
| An entry @10.23. This is a Buy Stop order right above the 10 day high. | An exit @10.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 1.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.35%. |
- 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.
ITOS Technicals: Chart, Performance Metrics, Trend & Indicators
10.15
+0.02 (+0.2%)
ITEOS THERAPEUTICS INC / ITOS TA FAQ
What is the technical rating for ITOS stock?
ChartMill assigns a technical rating of 6 / 10 to ITOS.
What is the trend direction for ITOS stock?
The current trend direction for ITEOS THERAPEUTICS INC (ITOS) is Bullish.
Can you provide the RSI signal for ITEOS THERAPEUTICS INC?
ITEOS THERAPEUTICS INC (ITOS) has an RSI value of 54.7627. This indicates that the stock is currently neutral.
What is the short term momentum for ITEOS THERAPEUTICS INC (ITOS) stock?
The short term momentum for ITEOS THERAPEUTICS INC (ITOS) is positive.
Can you provide the buy/sell signal for ITEOS THERAPEUTICS INC?
The buy/sell signal for ITEOS THERAPEUTICS INC (ITOS) is buy as both the short term and long term trends are positive.