ITERUM THERAPEUTICS PLC (ITRM)

IE000TTOOBX0 - Common Stock

1.59  +0.06 (+3.92%)

Technical Rating and Analysis

6

Taking everything into account, ITRM scores 6 out of 10 in our technical rating. Although ITRM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

In the last month ITRM has a been trading in the 1.42 - 1.93 range, which is quite wide. It is currently trading near the lows of this range.
ITRM is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. ITRM outperforms 75% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, ITRM did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ITRM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITRM is lagging the market slightly.

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Weekly and Daily overview Charts
ITRM Weekly chart
ITRM Daily chart
Setup Rating and Analysis

6

ITRM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.63. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ITRM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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Support and Resistance Analysis

1.41

1.79

When analyzing the support we can see 2 important areas.

  • Support @1.49 from a trend line in the daily time frame.
  • A support zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 1.63 to 1.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 1.75 to 1.77. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.53
Mansfield1.41
10 Day High1.75
10 Day Low1.42
20 Day High1.93
20 Day Low1.42
52 Week High2.5
52 Week Low0.62
Performance
1 Week2.58%
2 Weeks8.9%
1 Month2.58%
3 Month1.27%
6 Month112%
12 Month41.96%
2 Year-53.91%
3 Year-92.69%
5 Year-98.31%
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)0
RSI(14)51.6
LBB1.4
UBB1.67

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
1.681.480.20 (11.90%)8.40%
An entry @1.68. This is a Buy Stop order right above the resistance zone.An exit @1.48. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.20 points, which is 11.90%.For a 1.00% total portfolio risk, you can invest 8.40% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

More info and screens

ITRM Daily chart

ITERUM THERAPEUTICS PLC

NASDAQ:ITRM (5/1/2024, 4:20:03 PM)

1.59

+0.06 (+3.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.92%
1 Week2.58%
2 Weeks8.9%
1 Month2.58%
3 Month1.27%
6 Month112%
12 Month41.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%8.62%
ATR Inc
Range Today0.17
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.75
10 Day Low1.42
20 Day High1.93
20 Day Low1.42
52 Week High2.5
52 Week Low0.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume237.73K
Volume Incr39.16%
Vol(5)212.80K
Vol(50)185.18K