Why is IRTC Down Today?

IRTC
$110.98
▼ -2.36% ($-2.62)
Last updated: Oct 01, 2026 8:38 PM ET

About iRhythm Technologies, Inc

iRhythm Technologies Inc is a digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Its principal business is the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services that it believes al...

Sector: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
Market Cap: $5.38B
Forward P/E: -597.4
52-Week Range: $100.85 - $212.00
Employees: 2,000

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 SURGICAL & MEDICAL INSTRUMENTS & APPARATUS sector moving together
This appears to be a sector-wide move. The SURGICAL & MEDICAL INSTRUMENTS & APPARATUS sector is down 1.2% on average.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SURGICAL & MEDICAL INSTRUMENTS & APPARATUS sector: -1.2%

This appears to be a sector-wide move. Most SURGICAL & MEDICAL INSTRUMENTS & APPARATUS stocks are moving in the same direction.

Market Comparison

IRTC is significantly underperforming the market (-2.5% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
IRTC
This Stock
-2.36%
vs S&P 500: -2.54%
vs Nasdaq: -2.67%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, IRTC is expected to trade between:
$107.65 - $113.19

Key Level to Watch

$105.43 support
Watch for breakdown below $110.97

🔔 Get IRTC Alerts

We'll notify you when IRTC's trend changes or a new signal fires.

Last updated: Oct 01, 2026 8:38 PM (-95 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Neutral
Options Sentiment
0.84
Put/Call Ratio
86.9%
Implied Volatility
Call Volume: 2,327
Put Volume: 1,944
Total: 4,271

Historical Context

IRTC has moved more than 3.0% down on 34 occasions in the past year.

70.6%
Continuation Rate
24/34 times continued down
-1.17%
Avg Next Day Change
After similar down moves
Last similar move: Sep 10, 2026 (-5.6%) → Next day: -1.3%

Frequently Asked Questions

Why is IRTC stock down today?

This appears to be a sector-wide move. The SURGICAL & MEDICAL INSTRUMENTS & APPARATUS sector is down 1.2% on average.

Is IRTC stock a buy or sell right now?

Based on current analysis, IRTC shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the IRTC stock price target?

IRTC is currently trading at $110.98. Based on today's momentum, the expected short-term range is $107.65 - $113.19. See long-term price prediction →

Will IRTC stock continue falling?

Our analysis shows a 45% probability that IRTC's move continues in the next 1-3 days. Key level to watch: $105.43 (support).

Is IRTC stock oversold or overbought?

IRTC's RSI (Relative Strength Index) is currently at 42.5. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for IRTC stock?

IRTC's 10-day momentum indicator is at -0.7. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is IRTC outperforming or underperforming the market?

IRTC (-2.36%) is currently significantly underperforming the market (-2.5% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for IRTC?

IRTC's MACD (-2.06) is currently above the signal line (-2.32), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 14.6) is weak.

Is IRTC in an uptrend or downtrend?

Based on moving average analysis, IRTC is in a bearish trend. The price ($110.98) is trading below both the 20-day SMA ($113.87) and 50-day SMA ($118.35). This alignment typically indicates sustained downward pressure.

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