ITRON INC (ITRI) Technical Analysis
NASDAQ:ITRI • US4657411066
Current stock price
ITRI Technical Rating and Analysis
Taking everything into account, ITRI scores 0 out of 10 in our technical rating. ITRI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 75% of all other stocks performed better in the past year than ITRI.
- ITRI is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 64% of 124 stocks in the same industry do better.
- ITRI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ITRI is lagging the market.
- In the last month ITRI has a been trading in the 89.28 - 99.58 range, which is quite wide. It is currently trading near the lows of this range.
- ITRI has an average volume of 1025760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ITRI Weekly and Daily overview Charts
ITRI Setup Rating and Analysis
ITRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 89.36, a Stop Loss order could be placed below this zone.
More info and screens
ITRI Support and Resistance Analysis
88.47
When analyzing the support we notice one important area.
- A support zone ranging from 89.36 to 89.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 91.29 to 93.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 96.01 to 96.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @104.05 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 135.69 to 136.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
ITRI 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 | DOWN | NEGATIVE | The long term trend for ITRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITRI is down. |
| ChartMill Relative Strength | 25.95 | NEGATIVE | ITRI has a low relative strength, it was outperformed by 74.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.44 | NEUTRAL | The RSI value for ITRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ITRI has a positive trend. |
| Stochastics (14,3) | 35.52 | NEUTRAL | The Stochastics value for ITRI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for ITRI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for ITRI suggests a weak or negative trend. |
ITRI Chart- and CandleStick Pattern Analysis
ITRI Technicals: Chart, Performance Metrics, Trend & Indicators
91.28
-1.41 (-1.52%)
ITRON INC / ITRI TA FAQ
What is the ChartMill technical rating of ITRON INC (ITRI) stock?
ChartMill assigns a technical rating of 0 / 10 to ITRI.
What is the current trend direction of ITRON INC (ITRI) stock?
The current trend direction for ITRON INC (ITRI) is Bearish.
What is the RSI signal for ITRON INC (ITRI) stock?
ITRON INC (ITRI) has an RSI value of 43.4384. This indicates that the stock is currently neutral.
What is the MACD signal for ITRON INC (ITRI) stock?
The MACD indicator for ITRON INC (ITRI) has a value of 0.0533685, indicating a bearish trend.
What is the short term momentum for ITRI stock?
The short term momentum for ITRON INC (ITRI) is negative.