ITERUM THERAPEUTICS PLC (ITRM) Stock Technical Analysis
USA - NASDAQ:ITRM - IE000TTOOBX0 - Common Stock
Overall ITRM gets a technical rating of 0 out of 10. ITRM'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.
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
0.59
2 important resistance areas can be observed.
- A resistance zone ranging from 0.67 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 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 | DOWN | NEGATIVE | The short term trend for ITRM is down. |
| ChartMill Relative Strength | 4.73 | NEGATIVE | ITRM has a low relative strength, it was outperformed by 95.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITRM is below 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) | 37.28 | NEUTRAL | The RSI value for ITRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ITRM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.86 | OVERSOLD | The low Stochastics value suggests ITRM may be oversold. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for ITRM suggests high volalility. |
| Average Directional Index/ADX (14) | 14.16 | NEGATIVE | The low ADX value for ITRM suggests a weak or negative trend. |
0.5986
-0.01 (-1.04%)
ITERUM THERAPEUTICS PLC / ITRM FAQ
What is the ChartMill technical rating of ITERUM THERAPEUTICS PLC (ITRM) stock?
ChartMill assigns a technical rating of 0 / 10 to ITRM.
Can you provide the trend direction for ITERUM THERAPEUTICS PLC?
The current trend direction for ITERUM THERAPEUTICS PLC (ITRM) is Bearish.
What is the RSI signal for ITRM stock?
ITERUM THERAPEUTICS PLC (ITRM) has an RSI value of 37.2771. This indicates that the stock is currently neutral.
What is the buy/sell signal for ITERUM THERAPEUTICS PLC (ITRM) stock?
The buy/sell signal for ITERUM THERAPEUTICS PLC (ITRM) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ITERUM THERAPEUTICS PLC (ITRM) stock?
ITERUM THERAPEUTICS PLC (ITRM) has a resistance level at 0.67. Check the full technical report for our detailed analysis of ITRM support and resistance levels.