INDUSTRIA DE DISENO TEXTIL (ITX.MC) Stock Technical Analysis
Europe - Bolsa De Madrid - BME:ITX - ES0148396007 - Common Stock
We assign a technical rating of 8 out of 10 to ITX. Although ITX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ITX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 56.15. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.50
When analyzing the support we can see 3 important areas.
- A support zone ranging from 53.79 to 54.55. 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 48.23 to 48.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 46.97 to 47.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.15 to 56.21. 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 | UP | POSITIVE | The long term trend for ITX.MC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITX.MC is up. |
| ChartMill Relative Strength | 72.28 | POSITIVE | ITX.MC has a high relative strength, it outperformed 72.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITX.MC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITX.MC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITX.MC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.74 | 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) | 90.3 | OVERBOUGHT | The high Stochastics value suggests ITX.MC may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ITX.MC suggests some volalility. |
| Average Directional Index/ADX (14) | 33.61 | POSITIVE | The high ADX value value for ITX.MC suggests a strong trend. |
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 |
|---|---|---|---|
| 56.22 | 54.31 | 1.91 (3.40%) | 25.00% |
| An entry @56.22. This is a Buy Stop order right above the resistance zone. | An exit @54.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.91 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- 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.
BME:ITX (12/24/2025, 1:53:55 PM)
56.14
+0.02 (+0.04%)
INDUSTRIA DE DISENO TEXTIL / ITX.MC FAQ
Can you provide the ChartMill technical rating for INDUSTRIA DE DISENO TEXTIL?
ChartMill assigns a technical rating of 8 / 10 to ITX.MC.
What is the trend direction for ITX stock?
The current trend direction for INDUSTRIA DE DISENO TEXTIL (ITX.MC) is Bullish.
Can you provide the RSI signal for INDUSTRIA DE DISENO TEXTIL?
INDUSTRIA DE DISENO TEXTIL (ITX.MC) has an RSI value of 69.7433. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INDUSTRIA DE DISENO TEXTIL?
The short term momentum for INDUSTRIA DE DISENO TEXTIL (ITX.MC) is positive.
What are the support and resistance levels for INDUSTRIA DE DISENO TEXTIL (ITX.MC) stock?
INDUSTRIA DE DISENO TEXTIL (ITX.MC) has a support level at 54.55 and a resistance level at 56.15. Check the full technical report for our detailed analysis of ITX.MC support and resistance levels.