ITURAN LOCATION AND CONTROL (ITRN) Stock Technical Analysis
NASDAQ:ITRN - Nasdaq - IL0010818685 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ITRN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ITRN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ITRN has a been trading in the 34.09 - 39.37 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, ITRN did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
ITRN is an average performer in the Communications Equipment industry, it outperforms 62% of 49 stocks in the same industry.
ITRN 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 ITRN is lagging the market slightly.
Although ITRN has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.00
39.63
6 important support areas can be observed.
- A support zone ranging from 36.31 to 37.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.15 to 35.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.34 from a trend line in the daily time frame.
- Support @32.19 from a horizontal line in the daily time frame.
- Support @30.32 from a trend line in the weekly time frame.
- Support @24.24 from a horizontal line in the weekly 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 | 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 | 86.66 | POSITIVE | ITRN has a high relative strength, it outperformed 86.66% 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) | 68.45 | NEUTRAL | The RSI value for ITRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ITRN has a positive trend. |
| Stochastics (14,3) | 73.86 | NEUTRAL | The Stochastics value for ITRN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for ITRN suggests some volalility. |
| Average Directional Index/ADX (14) | 25.8 | POSITIVE | The high ADX value value for ITRN suggests a strong 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)
39.24
+1.98 (+5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg5.31%
1 Week3.73%
2 Weeks5.54%
1 Month13.25%
3 Month-6.3%
6 Month30.11%
12 Month41.71%
2 Year71.8%
3 Year56.58%
5 Year129.34%
10 Year68.77%
15 Year179.89%
Volatility
ATR(14)1.04
ATR(20)%2.67%
ATR Inc81.93%
Range Today1.86
ADR(20)1.02
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.66
Mansfield2.26
10 Day High39.37
10 Day Low36.04
20 Day High39.37
20 Day Low34.09
52 Week High45.43
52 Week Low24.12
CS1 End37.68
CR1 StartN/A
Volume & EV
DER(3)-1.95%
DER(5)-1.36%
Volume195.20K
Volume Incr24.62%
Vol(5)88.08K
Vol(50)92.20K