IRHYTHM TECHNOLOGIES INC (IRTC) Stock Technical Analysis
NASDAQ:IRTC - Nasdaq - US4500561067 - Common Stock - Currency: USD
Taking everything into account, IRTC scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IRTC is showing a nice and steady performance.
In the last month IRTC has a been trading in the 104.71 - 128.52 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IRTC is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 78% of 188 stocks in the same industry.
IRTC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IRTC is performing more or less in line with the market.
Looking at the yearly performance, IRTC did better than 85% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
IRTC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
105.50
120.63
When analyzing the support we notice one important area.
- A support zone ranging from 106.57 to 109.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 119.44 to 119.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.22
Mansfield1.4
10 Day High128.52
10 Day Low104.71
20 Day High128.52
20 Day Low104.71
52 Week High128.52
52 Week Low55.92
Performance
1 Week-8.23%
2 Weeks-2.68%
1 Month0.23%
3 Month28.08%
6 Month62.35%
12 Month-2.29%
2 Year-12.04%
3 Year-30.72%
5 Year34.11%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-1.13
RSI(14)49.83
LBB104.77
UBB119.22
109.1
-1.06 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.96%
1 Week-8.23%
2 Weeks-2.68%
1 Month0.23%
3 Month28.08%
6 Month62.35%
12 Month-2.29%
2 Year-12.04%
3 Year-30.72%
5 Year34.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.65
ATR(20)%4.8%
ATR Inc1.07%
Range Today5.29
ADR(20)5.04
ADR(20)%4.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.22
Mansfield1.4
10 Day High128.52
10 Day Low104.71
20 Day High128.52
20 Day Low104.71
52 Week High128.52
52 Week Low55.92
CS1 End109.09
CR1 Start119.44
Volume & EV
DER(3)-2.03%
DER(5)-1.55%
Volume817.50K
Volume Incr34.47%
Vol(5)613.54K
Vol(50)436.12K