Taking everything into account, ITRI scores 1 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.
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 93.94, a Stop Loss order could be placed below this zone.
More info and screens
91.12
We found 2 important support areas.
- A support zone ranging from 93.94 to 93.94. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 92.04 to 92.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 96.74 to 96.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.04 to 99.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
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 | 18.09 | NEGATIVE | ITRI has a low relative strength, it was outperformed by 81.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ITRI is below the rising 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) | 40.54 | NEUTRAL | The RSI value for ITRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests ITRI has a positive trend. |
| Stochastics (14,3) | 17.69 | OVERSOLD | The low Stochastics value suggests ITRI may be oversold. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ITRI suggests some volalility. |
| Average Directional Index/ADX (14) | 48.12 | POSITIVE | The high ADX value value for ITRI suggests a strong trend. |
96.24
+1.68 (+1.78%)
ITRON INC / ITRI FAQ
What is the ChartMill technical rating of ITRON INC (ITRI) stock?
ChartMill assigns a technical rating of 1 / 10 to ITRI.
Can you provide the trend direction for ITRON INC?
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 40.5405. 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 0.613984, indicating a bearish trend.
What is the buy/sell signal for ITRI stock?
The buy/sell signal for ITRON INC (ITRI) is sell as both the short term and long term trends are negative.