NASDAQ:ITOS - US46565G1040 - Common Stock
Overall ITOS gets a technical rating of 6 out of 10. Although ITOS is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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. Another positive sign is the recent Pocket Pivot signal.
9.72
We found 1 important support area.
We found 1 important resistance area.
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 | 10.76 | NEGATIVE | ITOS has a low relative strength, it was outperformed by 89.24% 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%. | For a 0.35% total portfolio risk, you can invest 25.00% of your capital in this trade. |
10.15
+0.02 (+0.2%)