Question 1

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

Accepted Answer

The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

Question 2

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

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did ITRN's Momentum indicator behave recently?

Accepted Answer

ITRN saw its Momentum Indicator move above the 0 level on August 15, 2024. 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 103 similar instances where the indicator turned positive. In 70 of the 103 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for ITRN?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for ITRN just turned positive on August 15, 2024. Looking at past instances where ITRN's MACD turned positive, the stock continued to rise in 32 of 47 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 ITRN?

Accepted Answer

ITRN moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 6

What is the significance of the 10-day moving average indicator for ITRN?

Accepted Answer

The 10-day moving average for ITRN crossed bullishly above the 50-day moving average on July 29, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 9 of 17 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 0%.

Question 7

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

Accepted Answer

Following a +3.20% 3-day Advance, the price is estimated to grow further. Considering data from situations where ITRN advanced for three days, in 205 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 8

What does ITRN breaking above its upper Bollinger Band indicate?

Accepted Answer

ITRN broke above its upper Bollinger Band on August 19, 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 ITRN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 122 of 177 cases where ITRN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

ITRN Stock Ituran Location and Control (ITRN, $27.73) price moved above its 50-day Moving Average on May 28, 2024

Momentum Indicator for ITRN turns positive, indicating new upward trend

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