IDACORP INC (IDA) Technical Analysis
NYSE:IDA • US4511071064
Current stock price
143.51 USD
-0.99 (-0.69%)
At close:
143.51 USD
0 (0%)
After Hours:
IDA Technical Rating and Analysis
Taking everything into account, IDA scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IDA is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- IDA is one of the better performing stocks in the Electric Utilities industry, it outperforms 76% of 47 stocks in the same industry.
- IDA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IDA is lagging the market slightly.
- When compared to the yearly performance of all other stocks, IDA outperforms 69% of them, which is more or less in line with the market.
- In the last month IDA has a been trading in the 138.08 - 149.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IDA Weekly and Daily overview Charts
IDA Setup Rating and Analysis
IDA has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
IDA Support and Resistance Analysis
123.47
149.89
When analyzing the support we can see 3 important areas.
- A support zone ranging from 139.19 to 142.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 131.83 to 132.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 124.72 to 128.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 144.50 to 148.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IDA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IDA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDA is neutral. |
| ChartMill Relative Strength | 69.06 | NEUTRAL | IDA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IDA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for IDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests IDA has a negative trend. |
| Stochastics (14,3) | 34.54 | NEUTRAL | The Stochastics value for IDA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for IDA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for IDA suggests a weak or negative trend. |
IDA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
IDA Technicals: Chart, Performance Metrics, Trend & Indicators
143.51
-0.99 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.69%
1 Week-2.05%
2 Weeks-1.91%
1 Month4.09%
3 Month8.59%
6 Month6.24%
12 Month23.23%
2 Year51.41%
3 Year29.15%
5 Year40.04%
10 Year97.32%
15 Year266%
Volatility
ATR(14)2.61
ATR(20)%1.8%
ATR Inc26.86%
Range Today3.78
ADR(20)2.5
ADR(20)%1.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.06
3 months CRS82.98
6 months CRS66.83
Mansfield0.23
10 Day High149.73
10 Day Low142.25
20 Day High149.73
20 Day Low138.08
52 Week High149.73
52 Week Low108.15
CS1 End142.56
CR1 Start144.5
Volume & EV
DER(3)-2.93%
DER(5)-2.19%
Volume698.00K
Volume Incr6.13%
Vol(5)535.96K
Vol(50)469.12K
IDACORP INC / IDA TA FAQ
What is the technical rating for IDA stock?
ChartMill assigns a technical rating of 7 / 10 to IDA.
Can you provide the trend direction for IDACORP INC?
The current trend direction for IDACORP INC (IDA) is Bullish.
Can you provide the RSI signal for IDACORP INC?
IDACORP INC (IDA) has an RSI value of 48.7051. This indicates that the stock is currently neutral.
What is the short term momentum for IDACORP INC (IDA) stock?
The short term momentum for IDACORP INC (IDA) is neutral.