Here’s Why Itron, Inc. (ITRI) Dropped -1.2%

In its latest trading session, Itron, Inc. (ITRI) dropped by -1.2% – here is what that looked like (as of 2019-11-08):

What’s the reason for these moves? To grasp this action better, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.028, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.009, an Accumulation/Distribution Index (ADI) of 1.009, an On-Balance Volume (OBV) of 1146.865, and a Chaiikin Money Flow (CMF) of 79.94. 8.828

Now let’s take all these indicators into account. According to Trading View, we can conclude the following:

So when putting all the technical indicators together, this is what you get. And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com
Becky Steen