ITRI - What Itron is Telling us About its Future
The next move in a stock's price is often identifiable in advance. This Itron (NASDAQ: ITRI) report attempts to do that, and in the process help investors learn how price acton can be revealing. Trading plans for ITRI make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Neutral | |||
| Weak | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 86.00 | |||
| P2 | |||
| 92.34 | |||
| 80.39 | |||
| 97.03 | |||
| P3 | |||
| 96.05 | |||
| 92.26 | |||
| 110.69 |
Long Term Trading Plans for ITRI
March 18, 2021, 12:30 am ET
The Technical Summary and Trading Plans for ITRI help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ITRI Report.
ITRI - (Long) Support Plan
The technical summary data tells us to buy ITRI near 86.00 with an upside target of 97.03. This data also tells us to set a stop loss @ 85.75 to protect against excessive loss in case the stock begins to move against the trade. 86.00 is the first level of support below 92.39 , and by rule, any test of support is a buy signal. In this case, support 86.00 would be being tested, so a buy signal would exist.
ITRI - (Short) Resistance Plan
The technical summary data is suggesting a short of ITRI as it gets near 97.03 with a downside target of 86.00. We should have a stop loss in place at 97.31though. 97.03 is the first level of resistance above 92.39, and by rule, any test of resistance is a short signal. In this case, if resistance 97.03 is being tested, so a short signal would exist.