← 2026-W16 report

ITRN — 2026-W16

Frame: 26w/3w Generated: 2026-04-18 23:55 View on TradingView ↗
ITRN price trend chart 2026-W16
R² (linearity)
0.9453
Frame gain (26w)
+54.5%
Annualised gain
138.8%
Last price
$54.92
Exit A (date)
2026-05-09
Exit B target
+4.2% / $57.21
Stop C level
-4.2% / $52.63
Hold period
3 weeks

Analysis

ITRN showed a highly consistent uptrend over the past 26 weeks (analysis frame: 26w/3w), scoring an R² of 0.9453. R² measures how closely the price followed a straight logarithmic trend line — a score of 1.0 represents a perfectly linear rally with no deviation. The stock gained 54.5% over the lookback period, equivalent to an annualised return of 138.8%. As of week 2026-W16, ITRN last traded at $54.92. Momentum modelling projects a solid continuation: the statistical exit target (Exit B, k=0.75σ) is +4.2% ($57.21) by May 09, 2026, with a stop-loss level at -4.2% ($52.63). This analysis was generated by StraightR, a momentum screening tool that ranks US equities by the linearity of their logarithmic price trend across multiple lookback frames (26w, 40w, 52w, 78w).