ITURAN LOCATION AND CONTROL - Daily - Technical analysis published on 04/03/2025 (GMT)
- 106
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bullish
Technical indicators
28%
33%
39%
My opinion
Neutral between 33.53 USD and 35.86 USD
My targets
-
My analysis
The current short-term bearish trend is in contrast to the bullish trend. ITURAN LOCATION AND CONTROL is apparently trying to reverse the trend. The return to a neutral and then bearish trend should not be long in coming if the current decline continues. What is currently happening on ITURAN LOCATION AND CONTROL basics that the price is plunging so much? In such a situation, it would be feasible to stay away from ITURAN LOCATION AND CONTROL or not try to counterbalance this current drop in the short term. If there is a sale, the sellers could use the support located at 33.53 USD as an objective. Sellers could then target the support located at 30.99 USD. If there is any crossing, the next objective would be support 28.65 USD. Attention should be paid to the price reaction at the start of the supports as trend traders may consider resuming purchases if the basic trend has not been able to ease or if the short term has itself become excessive.
In the very short term, the neutral opinion of this analysis is confirmed by technical indicators which are also neutral.
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Additional analysis
Quotes
ITURAN LOCATION AND CONTROL rating 34.96 USD. The price registered a decrease of -4.35% on the session and was traded between 34.68 USD and 35.75 USD over the period. The price is currently at +0.81% from its lowest and -2.21% from its highest.34.68
35.75
34.96
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Abnormal volumes on ITURAN LOCATION AND CONTROL were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of ITURAN LOCATION AND CONTROL indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend could be challenged by the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 1 (Daily)
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 28.65 | 30.99 | 33.53 | 34.96 | 35.86 | 38.08 | 39.64 |
| Change (%) | -18.05% | -11.36% | -4.09% | - | +2.57% | +8.92% | +13.39% |
| Change | -6.31 | -3.97 | -1.43 | - | +0.90 | +3.12 | +4.68 |
| Level | Intermediate | Intermediate | Minor | - | Major | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.80 | 35.20 | 35.88 | 36.28 | 36.96 | 37.36 | 38.04 |
| Camarilla | 36.25 | 36.35 | 36.45 | 36.55 | 36.65 | 36.75 | 36.85 |
| Woodie | 34.93 | 35.27 | 36.01 | 36.35 | 37.09 | 37.43 | 38.17 |
| Fibonacci | 35.20 | 35.62 | 35.87 | 36.28 | 36.70 | 36.95 | 37.36 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33.96 | 35.15 | 35.86 | 37.05 | 37.76 | 38.95 | 39.66 |
| Camarilla | 36.06 | 36.23 | 36.41 | 36.58 | 36.75 | 36.93 | 37.10 |
| Woodie | 33.73 | 35.03 | 35.63 | 36.93 | 37.53 | 38.83 | 39.43 |
| Fibonacci | 35.15 | 35.87 | 36.32 | 37.05 | 37.77 | 38.22 | 38.95 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.78 | 31.61 | 33.88 | 37.71 | 39.98 | 43.81 | 46.08 |
| Camarilla | 34.48 | 35.04 | 35.60 | 36.16 | 36.72 | 37.28 | 37.84 |
| Woodie | 27.01 | 31.22 | 33.11 | 37.32 | 39.21 | 43.42 | 45.31 |
| Fibonacci | 31.61 | 33.94 | 35.38 | 37.71 | 40.04 | 41.48 | 43.81 |
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): | 47.08 | |
| MACD (12,26,9): | -0.1600 | |
| Directional Movement: | -2.09 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 36.99 | |
| Parabolic SAR (0,02-0,02-0,2): | 38.07 | |
| Elder Ray (13): | -0.74 | |
| Super Trend (3,10): | 39.33 | |
| Zig ZAG (10): | 36.55 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 27.57 | |
| TEMA (21): | 36.17 | |
| Williams %R (14): | -61.76 | |
| Chande Momentum Oscillator (20): | -0.44 | |
| Repulse (5,40,3): | 4.1000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.17 |
| MA7: | 36.75 | |
| MA20: | 36.94 | |
| MA50: | 36.58 | |
| MA100: | 33.04 | |
| MAexp7: | 36.63 | |
| MAexp20: | 37.04 | |
| MAexp50: | 36.11 | |
| MAexp100: | 33.80 | |
| Price / MA7: | -4.87% | |
| Price / MA20: | -5.36% | |
| Price / MA50: | -4.43% | |
| Price / MA100: | +5.81% | |
| Price / MAexp7: | -4.56% | |
| Price / MAexp20: | -5.62% | |
| Price / MAexp50: | -3.18% | |
| Price / MAexp100: | +3.43% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on ITURAN LOCATION AND CONTROL at the time of the analysis were as follows:
- ITURAN TO PRESENT AT THE LD MICRO INVITATIONAL XV
- ITURAN LOCATION AND CONTROL LTD Announces Dividend Distribution of $10 Million Declared for the Fourth Quarter of 2024
- ITURAN PRESENTS FOURTH QUARTER & FULL YEAR 2024 RESULTS
- ITURAN LOCATION AND CONTROL LTD. SCHEDULES FOURTH QUARTER & FULL YEAR 2024 RESULTS RELEASE AND CONFERENCE CALL FOR FEBRUARY 26, 2025
- ITURAN ANNOUNCES PARTICIPATION IN UPCOMING CONFERENCES IN JANUARY 2025
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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