Momentum Indicator for ITAN turns positive, indicating new upward trend
ITAN saw its Momentum Indicator move above the 0 level on May 16, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 26 similar instances where the indicator turned positive. In of the 26 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for ITAN just turned positive on May 17, 2023. Looking at past instances where ITAN's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .
ITAN moved above its 50-day moving average on May 15, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for ITAN crossed bullishly above the 50-day moving average on May 17, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 8 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ITAN advanced for three days, in of 115 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 88 cases where ITAN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 .
ITAN broke above its upper Bollinger Band on June 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category LargeBlend
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SGPSX | 71.01 | 2.50 | +3.65% |
| ProFunds Small Cap Growth Svc | |||
| GINUX | 20.52 | 0.61 | +3.06% |
| Goldman Sachs Small Cap Gr Insghts R6 | |||
| JGSVX | 18.51 | 0.44 | +2.43% |
| JPMorgan Small Cap Growth R5 | |||
| HERAX | 8.50 | 0.14 | +1.67% |
| Hartford Emerging Markets Equity A | |||
| IRCSX | 10.90 | 0.15 | +1.40% |
| Bernstein International Small Cap SCB | |||
ITAN and
Correlation & Price change
A.I.dvisor tells us that ITAN and VIG have been poorly correlated (+1% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ITAN and VIG's prices will move in lockstep.
| Ticker / NAME | Correlation To ITAN | 1D Price Change % | ||
|---|---|---|---|---|
| ITAN | 100% | +1.59% | ||
| VIG - ITAN | 1% Poorly correlated | +1.79% | ||
| SPY - ITAN | 1% Poorly correlated | +1.45% | ||
| VTI - ITAN | 0% Poorly correlated | +1.65% | ||
| IVV - ITAN | 0% Poorly correlated | +1.43% | ||
| VOO - ITAN | 0% Poorly correlated | +1.47% |