RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ITI
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Stronger technical forecast for Iteris Inc stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Iteris Inc stock price fell by -1.00% on the last day (Thursday, 28th Mar 2024) from $4.99 to $4.94. During the last trading day the stock fluctuated 2.65% from a day low at $4.91 to a day high of $5.04. The price has risen in 5 of the last 10 days and is up by 5.11% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -90 thousand shares and in total, 62 thousand shares were bought and sold for approximately $305.20 thousand.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.12% during the next 3 months and, with a 90% probability hold a price between $4.81 and $5.52 at the end of this 3-month period.

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ITI Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 5.11%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Iteris Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $5.01. On a fall, the stock will find some support from the short-term average at $4.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Iteris Inc stock

Iteris Inc finds support from accumulated volume at $4.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.130 between high and low, or 2.65%. For the last week the stock has had daily average volatility of 3.18%.

Our recommended stop-loss: $4.69 (-4.98%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (ITI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Iteris Inc to open at $4.96, and during the day (based on 14 day Average True Range), to move between $4.75 and $5.13, which gives a possible trading interval of +/-$0.189 (+/-3.83%) up or down from last closing price. If Iteris Inc takes out the full calculated possible swing range there will be an estimated 7.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $4.99 (1.01%) than the support at $4.85 (1.82%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Iteris Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Iteris Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.984 Buy Candidate Upgraded

Predicted Opening Price for Iteris Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$4.96 ( 0.473%) $4.94

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ITI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 5.09 3.10 %
R2 5.04 2.10 %
R1 5.01 1.48 %
Current price: 4.94
Support S1 4.91 -0.531 %
S2 4.88 -1.15 %
S3 4.83 -2.16 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 5.34 8.10 %
R2 5.32 7.69 %
R1 4.99 1.01 %
Current price 4.94
Support S1 4.85 -1.82%
S2 4.82 -2.43%
S3 4.80 -2.83%

ITI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Nov 03, 1997 Nov 03, 1997 Nov 03, 1997 $10.25 142.61%

FAQ

What is the symbol for Iteris Inc Stock and on which exchange is it traded?
The symbol for Iteris Inc is ITI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Iteris Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Iteris Inc stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Iteris Inc Stock?
Iteris Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Iteris Inc Stock.

What's the current price of Iteris Inc Stock?
As of the end of day on the 2024-03-28, the price of an Iteris Inc (ITI) share was $4.94.

What is the 52-week high and low for Iteris Inc Stock?
The 52-week high for Iteris Inc Stock is $5.48 and the 52-week low is $3.72.

What is the market capitalization of Iteris Inc Stock?
As of the 2024-03-28, the market capitalization of Iteris Inc is 211.966M.

When is the next earnings date for Iteris Inc?
The upcoming earnings date for Iteris Inc is Jun 11, 2024.
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About Iteris Inc

Iteris Iteris, Inc. provides intelligent transportation systems technology solutions in North America, Europe, South America, and Asia. The company offers smart mobility infrastructure solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and... ITI Profile

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