NYSEARCA:ITRG - NYSE Arca - CA45826T5098 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ITRG. Both in the recent history as in the last year, ITRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
ITRG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ITRG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
0.81
When analyzing the support we can see 5 important areas.
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 ITRG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITRG is up. |
ChartMill Relative Strength | 96.7 | POSITIVE | ITRG has a high relative strength, it outperformed 96.7% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITRG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITRG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITRG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 55.65 | NEUTRAL | The RSI value for ITRG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ITRG has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 83.82 | OVERBOUGHT | The high Stochastics value suggests ITRG may be overbought. |
Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for ITRG suggests high volalility. |
Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for ITRG suggests a possible start of a new 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 |
---|---|---|---|
1.91 | 1.60 | 0.31 (16.23%) | 6.16% |
An entry @1.91. This is a Buy Stop order right above the resistance zone. | An exit @1.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 16.23%. | When investing 6.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
1.75
-0.13 (-6.91%)