ITT INC (ITT) Stock Technical Analysis
NYSE:ITT - US45073V1089 - Common Stock
170.88 USD
-1.02 (-0.59%)
170.88 USD
0 (0%)
Overall ITT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ITT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ITT did better than 80% of all other stocks.
ITT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ITT is part of the Machinery industry. There are 129 other stocks in this industry, ITT did better than 68% of them.
In the last month ITT has a been trading in the 164.00 - 174.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ITT also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ITT 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.
More info and screens
117.57
175.21
When analyzing the support we can see 5 important areas.
- A support zone ranging from 168.97 to 170.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 162.34 to 164.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @157.85 from a horizontal line in the weekly time frame.
- Support @139.36 from a horizontal line in the weekly time frame.
- Support @118.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 170.89 to 173.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 ITT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITT is up. |
| ChartMill Relative Strength | 80.42 | POSITIVE | ITT has a high relative strength, it outperformed 80.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.92 | NEUTRAL | The RSI value for ITT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ITT has a negative trend. |
| Stochastics (14,3) | 59.96 | NEUTRAL | The Stochastics value for ITT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for ITT suggests low volalility. |
| Average Directional Index/ADX (14) | 31.56 | POSITIVE | The high ADX value value for ITT 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 173.49 | 168.96 | 4.53 (2.61%) | 25.00% |
| An entry @173.49. This is a Buy Stop order right above the resistance zone. | An exit @168.96. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.53 points, which is 2.61%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of ITT. Please evaluate whether better entry and exit points can be found.
- 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.
170.88
-1.02 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.59%
1 Week-1.01%
2 Weeks3.63%
1 Month3.56%
3 Month12.24%
6 Month23.21%
12 Month32.41%
2 Year74.53%
3 Year161.52%
5 Year189.38%
10 Year411.16%
15 Year264.89%
Volatility
ATR(14)3.05
ATR(20)%1.78%
ATR Inc23.9%
Range Today3.75
ADR(20)2.85
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.42
Mansfield0.53
10 Day High174.73
10 Day Low165.82
20 Day High174.73
20 Day Low164
52 Week High174.73
52 Week Low105.64
CS1 End170.52
CR1 Start170.89
Volume & EV
DER(3)3.86%
DER(5)2.36%
Volume254.20K
Volume Incr-26.54%
Vol(5)248.76K
Vol(50)366.64K