Itron Inc Stock Momentum Indicators Average Directional Movement Index

ITRI Stock  USD 116.37  2.26  1.98%   
Itron momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Itron. Itron value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Itron are pattern recognition functions that provide distinct formation on Itron potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was fifty-nine with a total number of output elements of two. The average directional index (ADX) measures the strength of a prevailing trend of Itron Inc and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Itron ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Itron Technical Analysis Modules

Most technical analysis of Itron help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Itron from various momentum indicators to cycle indicators. When you analyze Itron charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Itron Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Itron Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Itron Inc based on widely used predictive technical indicators. In general, we focus on analyzing Itron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Itron's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Itron's intrinsic value. In addition to deriving basic predictive indicators for Itron, we also check how macroeconomic factors affect Itron price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield7.63E-46.78E-4
Price To Sales Ratio1.581.4
Hype
Prediction
LowEstimatedHigh
114.29116.27118.25
Details
Intrinsic
Valuation
LowRealHigh
96.8998.87128.01
Details
Naive
Forecast
LowNextHigh
104.35106.33108.31
Details
14 Analysts
Consensus
LowTargetHigh
71.5578.6387.28
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Itron in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Itron's short interest history, or implied volatility extrapolated from Itron options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Giant Impact Idea
Giant Impact
Invested few shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares
Defense Idea
Defense
Sold few shares
Disruptive Technologies Idea
Disruptive Technologies
Invested few shares
Chemicals Idea
Chemicals
Invested over 30 shares
Banking Idea
Banking
Invested over 40 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Itron Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.954
Earnings Share
4.87
Revenue Per Share
52.896
Quarterly Revenue Growth
0.098
Return On Assets
0.0544
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.