ITAN sees MACD Histogram just turned negative
ITAN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 09, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 29 instances where the indicator turned negative. In of the 29 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for ITAN moved out of overbought territory on November 26, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ITAN as a result. In of 52 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITAN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ITAN advanced for three days, in of 220 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 231 cases where ITAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category LargeValue
ITAN and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ITAN has been closely correlated with DFAU. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if ITAN jumps, then DFAU could also see price increases.
| Ticker / NAME | Correlation To ITAN | 1D Price Change % | ||
|---|---|---|---|---|
| ITAN | 100% | -0.40% | ||
| DFAU - ITAN | 92% Closely correlated | -0.56% | ||
| JUST - ITAN | 88% Closely correlated | -0.58% | ||
| RECS - ITAN | 87% Closely correlated | -0.33% | ||
| BKLC - ITAN | 87% Closely correlated | -0.40% | ||
| DIA - ITAN | 86% Closely correlated | -0.64% | ||
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