ITERUM THERAPEUTICS PLC ORD. - Daily - Technical analysis published on 06/21/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 1.96 USD
My targets
2.34 USD (+14.85%)
2.42 USD (+18.63%)
My analysis
The bullish trend is currently very strong on ITERUM THERAPEUTICS PLC ORD.. As long as the price remains above the support at 1.96 USD, you could try to benefit from the boom. The first bullish objective is located at 2.34 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.42 USD as an objective. Crossing it would then enable buyers to target 2.73 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.7
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Additional analysis
Quotes
The ITERUM THERAPEUTICS PLC ORD. price is 2.04 USD. The price has increased by +0.49% since the last closing and was traded between 2.02 USD and 2.11 USD over the period. The price is currently at +0.99% from its lowest and -3.32% from its highest.2.02
2.11
2.04
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of ITERUM THERAPEUTICS PLC ORD. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.97 | 1.36 | 1.62 | 2.04 | 2.06 | 2.73 | 4.90 |
| Change (%) | -52.45% | -33.33% | -20.59% | - | +0.98% | +33.82% | +140.20% |
| Change | -1.07 | -0.68 | -0.42 | - | +0.02 | +0.69 | +2.86 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.87 | 1.91 | 1.97 | 2.01 | 2.07 | 2.11 | 2.17 |
| Camarilla | 2.00 | 2.01 | 2.02 | 2.03 | 2.04 | 2.05 | 2.06 |
| Woodie | 1.88 | 1.92 | 1.98 | 2.02 | 2.08 | 2.12 | 2.18 |
| Fibonacci | 1.91 | 1.95 | 1.97 | 2.01 | 2.05 | 2.07 | 2.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.61 | 1.73 | 1.88 | 2.00 | 2.15 | 2.27 | 2.42 |
| Camarilla | 1.96 | 1.98 | 2.01 | 2.03 | 2.06 | 2.08 | 2.10 |
| Woodie | 1.63 | 1.74 | 1.90 | 2.01 | 2.17 | 2.28 | 2.44 |
| Fibonacci | 1.73 | 1.83 | 1.90 | 2.00 | 2.10 | 2.17 | 2.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.42 | 0.68 | 1.06 | 1.32 | 1.70 | 1.96 | 2.34 |
| Camarilla | 1.27 | 1.33 | 1.39 | 1.45 | 1.51 | 1.57 | 1.63 |
| Woodie | 0.49 | 0.71 | 1.13 | 1.35 | 1.77 | 1.99 | 2.41 |
| Fibonacci | 0.68 | 0.92 | 1.07 | 1.32 | 1.56 | 1.71 | 1.96 |
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): | 75.81 | |
| MACD (12,26,9): | 0.2200 | |
| Directional Movement: | 25.85 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 1.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.93 | |
| Elder Ray (13): | 0.23 | |
| Super Trend (3,10): | 1.66 | |
| Zig ZAG (10): | 2.06 | |
| VORTEX (21): | 1.2400 | |
| Stochastique (14,3,5): | 87.90 | |
| TEMA (21): | 2.13 | |
| Williams %R (14): | -11.76 | |
| Chande Momentum Oscillator (20): | 0.49 | |
| Repulse (5,40,3): | -3.6900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.0100 | |
| Courbe Coppock: | 104.31 |
| MA7: | 1.95 | |
| MA20: | 1.66 | |
| MA50: | 1.34 | |
| MA100: | 1.50 | |
| MAexp7: | 1.94 | |
| MAexp20: | 1.73 | |
| MAexp50: | 1.51 | |
| MAexp100: | 1.41 | |
| Price / MA7: | +4.62% | |
| Price / MA20: | +22.89% | |
| Price / MA50: | +52.24% | |
| Price / MA100: | +36.00% | |
| Price / MAexp7: | +5.15% | |
| Price / MAexp20: | +17.92% | |
| Price / MAexp50: | +35.10% | |
| Price / MAexp100: | +44.68% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on ITERUM THERAPEUTICS PLC ORD. at the time of the analysis were as follows:
- Iterum Therapeutics Provides Update on NDA Review
- Iterum Therapeutics Reports First Quarter 2021 Financial Results
- Iterum Therapeutics to Provide Business Update and Report First Quarter 2021 Financial Results on May 14, 2021
- Iterum Therapeutics to Present at the 20th Annual Needham Virtual Healthcare Conference
- Iterum Therapeutics Appoints Beth P. Hecht to Board of Directors
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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