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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ITRM is a bad performer in the overall market: 98% of all stocks are doing better.
- ITRM is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 85% are performing better than ITRM.
- ITRM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ITRM has a been trading in the 0.30 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
ITRM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.30
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.35 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 | 2.51 | NEGATIVE | ITRM has a low relative strength, it was outperformed by 97.49% 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) | 39.74 | NEUTRAL | The RSI value for ITRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ITRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.39 | OVERSOLD | The low Stochastics value suggests ITRM may be oversold. |
| Average True Range in percent/ATR (20) | 10.2 | HIGH VOLATILITY | The high ATR as a percentage value for ITRM suggests high volalility. |
| Average Directional Index/ADX (14) | 9.98 | NEGATIVE | The low ADX value for ITRM suggests a weak or negative trend. |
0.307
-0.01 (-1.98%)
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.
What is the trend direction for ITRM stock?
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 39.7413. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ITERUM THERAPEUTICS PLC?
The buy/sell signal for ITERUM THERAPEUTICS PLC (ITRM) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ITERUM THERAPEUTICS PLC?
ITERUM THERAPEUTICS PLC (ITRM) has a resistance level at 0.33. Check the full technical report for our detailed analysis of ITRM support and resistance levels.