Question 1

What implications does the 10-day RSI indicator have for ITI?

Accepted Answer

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

What does the Stochastic Oscillator suggest about ITI's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 3

How did ITI's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 09, 2024. You may want to consider a long position or call options on ITI as a result. In 58 of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for ITI?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ITI just turned positive on August 09, 2024. Looking at past instances where ITI's MACD turned positive, the stock continued to rise in 32 of 51 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What is the significance of the 50-day moving average indicator for ITI?

Accepted Answer

ITI moved above its 50-day moving average on August 09, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What does a 3-day price advance indicate for ITI?

Accepted Answer

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ITI advanced for three days, in 179 of 256 cases, the price rose further within the following month. The odds of a continued upward trend are 70%.

Question 7

What does a 3-day decline signify for ITI's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.

Question 8

What does ITI breaking above its upper Bollinger Band indicate?

Accepted Answer

ITI broke above its upper Bollinger Band on August 09, 2024. 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.

Question 9

How does the Aroon Indicator reflect on ITI's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 116 of 165 cases where ITI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ITI Stock Iteris (ITI, $4.52) Stochastic Oscillator left the oversold zone on May 15, 2024

ITI in +72.41% Uptrend, rising for three consecutive days on August 09, 2024

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