Overall ITRI gets a technical rating of 0 out of 10. ITRI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ITRI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 93.94, a Stop Loss order could be placed below this zone.
91.12
We found 2 important support areas.
2 important resistance areas can be observed.
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 ITRI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITRI is down. |
| ChartMill Relative Strength | 16.75 | NEGATIVE | ITRI has a low relative strength, it was outperformed by 83.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITRI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.42 | NEUTRAL | The RSI value for ITRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests ITRI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.17 | NEUTRAL | The Stochastics value for ITRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for ITRI suggests some volalility. |
| Average Directional Index/ADX (14) | 45.88 | POSITIVE | The high ADX value value for ITRI suggests a strong trend. |
95.22
-0.96 (-1%)
ChartMill assigns a technical rating of 0 / 10 to ITRI.
The current trend direction for ITRON INC (ITRI) is Bearish.
ITRON INC (ITRI) has an RSI value of 37.4157. This indicates that the stock is currently neutral.
The MACD indicator for ITRON INC (ITRI) has a value of 0.958187, indicating a bearish trend.
The buy/sell signal for ITRON INC (ITRI) is sell as both the short term and long term trends are negative.