INDUSTRIA DE DISENO TEXTIL (ITX.MC) Stock Technical Analysis
BME:ITX - Bolsa De Madrid - ES0148396007 - Common Stock - Currency: EUR
Overall ITX gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ITX is a bad performer in the overall market: 80% of all stocks are doing better.
ITX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ITX has a been trading in the 42.95 - 45.84 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
ITX has an average volume of 1068550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, ITX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 43.78. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ITX 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
42.05
55.51
When analyzing the support we can see 2 important areas.
- Support @43.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 42.47 to 42.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 43.78 to 44.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.76 to 46.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.28 from a trend line in the daily time frame.
- 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.
- A resistance zone ranging from 54.56 to 54.96. This zone is formed by a combination of multiple trend lines 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 | 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 | 20.41 | NEGATIVE | ITX.MC has a low relative strength, it was outperformed by 79.59% off all stocks 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) | 39.86 | NEUTRAL | The RSI value for ITX.MC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ITX.MC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.26 | NEUTRAL | The Stochastics value for ITX.MC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for ITX.MC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.45 | NEUTRAL | The ADX value for ITX.MC suggests a possible start of a new 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 (7/11/2025, 5:29:59 PM)
43.39
-0.61 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.39%
1 Week-0.37%
2 Weeks-1.54%
1 Month-5.1%
3 Month-4.41%
6 Month-13.46%
12 Month-8.25%
2 Year24.4%
3 Year83.16%
5 Year92.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.75%
ATR Inc-27.45%
Range Today0.57
ADR(20)0.73
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.41
Mansfield-1.8
10 Day High44.5
10 Day Low43.1
20 Day High45.84
20 Day Low42.95
52 Week High56.34
52 Week Low42.11
CS1 End43.38
CR1 Start43.78
Volume & EV
DER(3)9.05%
DER(5)7%
Volume1.02M
Volume Incr-10.57%
Vol(5)1.15M
Vol(50)1.07M