Itamar Med ADR Representing 30 Ord Shs (ITMR) Stock: What Does the Chart Say Wednesday?

Wednesday, November 17, 2021 10:54 AM | InvestorsObserver Analysts

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Itamar Med ADR Representing 30 Ord Shs (ITMR) Stock: What Does the Chart Say Wednesday?

Itamar Med ADR Representing 30 Ord Shs (ITMR) stock has gained 0.20% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Itamar Med ADR Representing 30 Ord Shs has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ITMR!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With ITMR Stock Today?

Itamar Med ADR Representing 30 Ord Shs (ITMR) stock is trading at $30.60 as of 10:53 AM on Wednesday, Nov 17, a drop of -$0.03, or -0.1% from the previous closing price of $30.63. Volume today is more active than usual. So far 123,912 shares have traded compared to average volume of 68,977 shares. The stock has traded between $30.55 and $30.78 so far today. To see InvestorsObserver's Sentiment Score for Itamar Med ADR Representing 30 Ord Shs click here.

More About Itamar Med ADR Representing 30 Ord Shs

Itamar Medical Ltd engages in the research, development, marketing, sale, and leasing of non-invasive medical devices for the diagnosis of cardiological conditions and sleeps breathing disorders. It offers medical devices based on the Peripheral Arterial Tone (PAT) signal, which measures changes in the patient's peripheral arterial pulse volumes and various parameters of arterial activities. It provides a WatchPAT device, a mobile device for convenient home use in the diagnoses of sleep breathing disorders; and an EndoPAT device that diagnoses endothelial dysfunction. Geographically, it derives a majority of revenue from the United States and Canada. Click Here to get the full Stock Report for Itamar Med ADR Representing 30 Ord Shs stock.