We assign a technical rating of 10 out of 10 to ITRN. Both in the recent history as in the last year, ITRN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ITRN has an excellent technical rating, it does not present a decent entry opportunity 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.
32.40
We found 7 important support areas.
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 | UP | POSITIVE | The long term trend for ITRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITRN is up. |
| ChartMill Relative Strength | 90.22 | POSITIVE | ITRN has a high relative strength, it outperformed 90.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.69 | OVERBOUGHT | The high RSI value suggests ITRN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests ITRN has a positive trend. |
| Stochastics (14,3) | 96.09 | OVERBOUGHT | The high Stochastics value suggests ITRN may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ITRN suggests some volalility. |
| Average Directional Index/ADX (14) | 44.08 | POSITIVE | The high ADX value value for ITRN suggests a strong trend. |
44.24
-0.23 (-0.52%)
ChartMill assigns a technical rating of 10 / 10 to ITRN.
The current trend direction for ITURAN LOCATION AND CONTROL (ITRN) is Bullish.
ITURAN LOCATION AND CONTROL (ITRN) has an RSI value of 75.6867. This indicates that the stock is currently overbought.
The MACD indicator for ITURAN LOCATION AND CONTROL (ITRN) has a value of 0.472836, indicating a bearish trend.
The buy/sell signal for ITURAN LOCATION AND CONTROL (ITRN) is buy as both the short term and long term trends are positive.