Logo image of ITI

Iteris Incorporated New (ITI) Stock Technical Analysis

NASDAQ:ITI - Nasdaq - US46564T1079 - Common Stock - Currency: USD

7.19  -0.01 (-0.14%)

Premarket: 7.19 0 (0%)

Technical Rating and Analysis

9

Overall ITI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ITI is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
ITI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 84% of 124 stocks in the same industry.
A new 52 week high is currently being made by ITI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When comparing the yearly performance of all stocks, we notice that ITI is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ITI has a been trading in a tight range between 7.15 and 7.20.
Weekly and Daily overview Charts
Iteris Incorporated New / ITI Weekly stock chart
Iteris Incorporated New / ITI Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, ITI 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 7.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.19, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

4.03

7.28

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 7.04 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @4.38 from a trend line in the weekly time frame.
  • Support @4.15 from a trend line in the weekly time frame.
  • Support @4.07 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.20 to 7.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield2.23
10 Day High7.2
10 Day Low7.18
20 Day High7.2
20 Day Low7.15
52 Week High7.2
52 Week Low4
Performance
1 Week0%
2 Weeks0.14%
1 Month0.42%
3 Month66.44%
6 Month56.3%
12 Month58.02%
2 Year139.67%
3 Year34.14%
5 Year34.14%
10 Year313.22%
15 Year406.34%
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)-0.01
RSI(14)71.12
LBB7.18
UBB7.2
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
7.227.170.05 (0.69%)25.00%
An entry @7.22. This is a Buy Stop order right above the resistance zone.An exit @7.17. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.05 points, which is 0.69%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.17%.

  • 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.
Iteris Incorporated New / ITI Daily stock chart

Iteris Incorporated New

NASDAQ:ITI (10/31/2024, 8:13:36 PM)

Premarket: 7.19 0 (0%)

7.19

-0.01 (-0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.14%
1 Week0%
2 Weeks0.14%
1 Month0.42%
3 Month66.44%
6 Month56.3%
12 Month58.02%
2 Year139.67%
3 Year34.14%
5 Year34.14%
10 Year313.22%
15 Year406.34%
Volatility
ATR(14)0.01
ATR(20)%0.21%
ATR Inc-25.95%
Range Today0.01
ADR(20)0.01
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.4
Mansfield2.23
10 Day High7.2
10 Day Low7.18
20 Day High7.2
20 Day Low7.15
52 Week High7.2
52 Week Low4
CS1 End7.19
CR1 Start7.2
Volume & EV
DER(3)-0.13%
DER(5)2.05%
Volume645.80K
Volume Incr-9.36%
Vol(5)323.90K
Vol(50)433.39K