INDUSTRIA DE DISENO TEXTIL (ITX.MC) Stock Technical Analysis
BME:ITX - Bolsa De Madrid - ES0148396007 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to ITX. ITX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ITX is a bad performer in the overall market: 70% of all stocks are doing better.
ITX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITX is lagging the market.
In the last month ITX has a been trading in the 44.02 - 49.53 range, which is quite wide. It is currently trading near the lows of this range.
ITX has an average volume of 1268040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ITX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.34
55.51
We found 1 important support area.
- Support @43.78 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @44.42 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.77 to 47.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.70 to 49.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.68 from a trend line in the weekly time frame.
- Resistance @54.96 from a horizontal 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 ITX.MC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITX.MC is down. |
| ChartMill Relative Strength | 30.3 | NEUTRAL | ITX.MC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITX.MC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITX.MC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITX.MC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.97 | NEUTRAL | The RSI value for ITX.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ITX.MC has a negative trend. |
| Stochastics (14,3) | 10.37 | OVERSOLD | The low Stochastics value suggests ITX.MC may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ITX.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.44 | NEGATIVE | The low ADX value for ITX.MC suggests a weak or negative 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)
BME:ITX (6/19/2025, 5:29:58 PM)
43.96
-0.47 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.06%
1 Week-5.59%
2 Weeks-6.31%
1 Month-8.52%
3 Month-4.92%
6 Month-11.25%
12 Month-5.27%
2 Year24.87%
3 Year105.79%
5 Year88.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.29%
ATR Inc-2.01%
Range Today0.59
ADR(20)0.88
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.3
Mansfield-1.32
10 Day High49.53
10 Day Low44.03
20 Day High49.53
20 Day Low44.03
52 Week High56.34
52 Week Low42.11
CS1 End44.42
CR1 Start46.77
Volume & EV
DER(3)6.86%
DER(5)2.46%
Volume693.24K
Volume Incr24.75%
Vol(5)1.39M
Vol(50)1.27M