IRHYTHM TECHNOLOGIES INC. - Daily - Technical analysis published on 02/03/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 83.77 USD
My targets
89.27 USD (+4.25%)
97.19 USD (+13.50%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on IRHYTHM TECHNOLOGIES INC. as long as the price remains well above 83.77 USD. The buyers” bullish objective is set at 89.27 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 97.19 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IRHYTHM TECHNOLOGIES INC. price is 85.63 USD. The price registered a decrease of -1.43% on the session and was between 85.23 USD and 86.99 USD. This implies that the price is at +0.47% from its lowest and at -1.56% from its highest.85.23
86.99
85.63
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of IRHYTHM TECHNOLOGIES INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 73.03 | 81.07 | 83.77 | 85.63 | 89.27 | 97.19 |
Change (%) | -14.71% | -5.33% | -2.17% | - | +4.25% | +13.50% |
Change | -12.60 | -4.56 | -1.86 | - | +3.64 | +11.56 |
Level | Major | Intermediate | Intermediate | - | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 81.39 | 83.31 | 85.09 | 87.02 | 88.80 | 90.72 | 92.50 |
Camarilla | 85.85 | 86.19 | 86.53 | 86.87 | 87.21 | 87.55 | 87.89 |
Woodie | 81.31 | 83.28 | 85.02 | 86.98 | 88.72 | 90.69 | 92.43 |
Fibonacci | 83.31 | 84.73 | 85.60 | 87.02 | 88.43 | 89.31 | 90.72 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 72.34 | 76.92 | 82.77 | 87.35 | 93.20 | 97.78 | 103.63 |
Camarilla | 85.75 | 86.71 | 87.66 | 88.62 | 89.58 | 90.53 | 91.49 |
Woodie | 72.98 | 77.24 | 83.41 | 87.67 | 93.84 | 98.10 | 104.27 |
Fibonacci | 76.92 | 80.90 | 83.37 | 87.35 | 91.33 | 93.80 | 97.78 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 48.14 | 53.94 | 61.01 | 66.81 | 73.88 | 79.68 | 86.75 |
Camarilla | 64.55 | 65.73 | 66.91 | 68.09 | 69.27 | 70.45 | 71.63 |
Woodie | 48.79 | 54.26 | 61.66 | 67.13 | 74.53 | 80.00 | 87.40 |
Fibonacci | 53.94 | 58.85 | 61.89 | 66.81 | 71.72 | 74.76 | 79.68 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 61.60 | |
MACD (12,26,9): | 4.8800 | |
Directional Movement: | 13.53 | |
AROON (14): | 64.29 | |
DEMA (21): | 88.24 | |
Parabolic SAR (0,02-0,02-0,2): | 91.52 | |
Elder Ray (13): | 1.50 | |
Super Trend (3,10): | 78.49 | |
Zig ZAG (10): | 85.63 | |
VORTEX (21): | 1.2200 | |
Stochastique (14,3,5): | 74.79 | |
TEMA (21): | 90.70 | |
Williams %R (14): | -35.53 | |
Chande Momentum Oscillator (20): | 5.65 | |
Repulse (5,40,3): | -1.0100 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.9800 | |
Courbe Coppock: | 39.81 |
MA7: | 87.80 | |
MA20: | 81.06 | |
MA50: | 73.20 | |
MA100: | 71.95 | |
MAexp7: | 86.63 | |
MAexp20: | 81.96 | |
MAexp50: | 76.04 | |
MAexp100: | 74.04 | |
Price / MA7: | -2.47% | |
Price / MA20: | +5.64% | |
Price / MA50: | +16.98% | |
Price / MA100: | +19.01% | |
Price / MAexp7: | -1.15% | |
Price / MAexp20: | +4.48% | |
Price / MAexp50: | +12.61% | |
Price / MAexp100: | +15.65% |
News
The last news published on IRHYTHM TECHNOLOGIES INC. at the time of the generation of this analysis was as follows:
- iRhythm Technologies to Present at the 38th Annual J.P. Morgan Healthcare Conference
- iRhythm Technologies Files Quarterly Report on Form 10-Q for Third Quarter 2019 and Updates Guidance for Full Year 2019
- iRhythm Announces Participation in GUARD-AF Study Focused on Undiagnosed Atrial Fibrillation
- iRhythm Technologies Receives Notification of Deficiency from Nasdaq Related to Delayed Quarterly Report on Form 10-Q
- HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages iRhythm Technologies (IRTC) Investors with Losses to Contact Its Attorneys, Firm Investigating Possible Securities Law Violations
This member declared not having a position on this financial instrument or a related financial instrument.
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