ITERUM THERAPEUTICS PLC (ITRM) Stock Technical Analysis
NASDAQ:ITRM - Nasdaq - IE000TTOOBX0 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ITRM. ITRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ITRM is a bad performer in the overall market: 88% of all stocks are doing better.
ITRM is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 193 stocks in the same industry do better.
ITRM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ITRM has a been trading in the 0.91 - 1.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
The technical rating of ITRM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.90
1.19
When analyzing the support we can see 3 important areas.
- Support @0.96 from a trend line in the weekly time frame.
- A support zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.18 from a trend line in the daily time frame.
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 ITRM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ITRM is neutral. |
| ChartMill Relative Strength | 12.79 | NEGATIVE | ITRM has a low relative strength, it was outperformed by 87.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ITRM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ITRM is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITRM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.31 | NEUTRAL | The RSI value for ITRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ITRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.45 | NEUTRAL | The Stochastics value for ITRM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for ITRM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for ITRM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1
-0.13 (-11.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-11.5%
1 Week8.26%
2 Weeks-0.99%
1 Month0%
3 Month-7.41%
6 Month-35.06%
12 Month-18.03%
2 Year-5.66%
3 Year-69.7%
5 Year-93.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%5.87%
ATR Inc233.62%
Range Today0.13
ADR(20)0.06
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-2.98
10 Day High1.28
10 Day Low0.91
20 Day High1.28
20 Day Low0.91
52 Week High3.02
52 Week Low0.81
CS1 End0.96
CR1 Start1.13
Volume & EV
DER(3)-1.89%
DER(5)0.74%
Volume945.82K
Volume Incr74.31%
Vol(5)962.17K
Vol(50)597.78K