We assign a technical rating of 5 out of 10 to ITR. In the last year, ITR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- ITR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ITR is lagging the market slightly.
- When compared to the yearly performance of all other stocks, ITR outperforms 47% of them, which is more or less in line with the market.
- In the last month ITR has a been trading in a tight range between 34.40 and 34.58.
ITR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 34.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.55, a Stop Loss order could be placed below this zone.
More info and screens
33.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.49 to 34.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.66 to 33.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.56 to 34.70. 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 ITR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITR is neutral. |
| ChartMill Relative Strength | 47.6 | NEUTRAL | ITR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ITR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.45 | NEUTRAL | The RSI value for ITR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ITR has a positive trend. |
| Stochastics (14,3) | 70.37 | NEUTRAL | The Stochastics value for ITR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for ITR suggests low volalility. |
SPDR Barclays Cap Interm Term Corp Bnd
NYSEARCA:ITR (10/13/2017, 8:24:36 PM)
34.56
+0.04 (+0.12%)
SPDR Barclays Cap Interm Term Corp Bnd / ITR FAQ
What is the ChartMill technical rating of SPDR Barclays Cap Interm Term Corp Bnd (ITR) stock?
ChartMill assigns a technical rating of 5 / 10 to ITR.
What is the current trend direction of SPDR Barclays Cap Interm Term Corp Bnd (ITR) stock?
The current trend direction for SPDR Barclays Cap Interm Term Corp Bnd (ITR) is Bullish.
What is the RSI signal for SPDR Barclays Cap Interm Term Corp Bnd (ITR) stock?
SPDR Barclays Cap Interm Term Corp Bnd (ITR) has an RSI value of 54.4524. This indicates that the stock is currently neutral.
What is the short term momentum for SPDR Barclays Cap Interm Term Corp Bnd (ITR) stock?
The short term momentum for SPDR Barclays Cap Interm Term Corp Bnd (ITR) is neutral.
What is the support and resistance level for ITR stock?
SPDR Barclays Cap Interm Term Corp Bnd (ITR) has a support level at 34.55 and a resistance level at 34.56. Check the full technical report for our detailed analysis of ITR support and resistance levels.