ITEOS THERAPEUTICS INC (ITOS) Stock Technical Analysis
USA - NASDAQ:ITOS - US46565G1040 - Common Stock
Taking everything into account, ITOS scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ITOS is a bad performer.
Although the technical rating is only medium, ITOS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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. Another positive sign is the recent Pocket Pivot signal.
- 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
9.72
We found 1 important support 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.
We found 1 important resistance 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.
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. |
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.
10.15
+0.02 (+0.2%)
ITEOS THERAPEUTICS INC / ITOS FAQ
What is the technical rating for ITOS stock?
ChartMill assigns a technical rating of 6 / 10 to ITOS.
What is the current trend direction of ITEOS THERAPEUTICS INC (ITOS) stock?
The current trend direction for ITEOS THERAPEUTICS INC (ITOS) is Bullish.
What is the RSI signal for ITOS stock?
ITEOS THERAPEUTICS INC (ITOS) has an RSI value of 54.7627. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ITEOS THERAPEUTICS INC?
The MACD indicator for ITEOS THERAPEUTICS INC (ITOS) has a value of -0.00640767, indicating a bearish trend.
What is the short term momentum for ITEOS THERAPEUTICS INC (ITOS) stock?
The short term momentum for ITEOS THERAPEUTICS INC (ITOS) is positive.