IDACORP INC (IDA) Stock Technical Analysis
NYSE:IDA - New York Stock Exchange, Inc. - US4511071064 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to IDA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that IDA is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, IDA also shows a nice and consistent pattern of rising prices.
IDA is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month IDA has a been trading in the 109.30 - 120.84 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
IDA is an average performer in the Electric Utilities industry, it outperforms 62% of 46 stocks in the same industry.
IDA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 115.88, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
99.11
120.92
When analyzing the support we can see 4 important areas.
- A support zone ranging from 114.59 to 115.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 112.09 to 112.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @108.78 from a horizontal line in the daily time frame.
- A support zone ranging from 100.11 to 101.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 116.91 to 119.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
Mansfield1.08
10 Day High120.78
10 Day Low114.75
20 Day High120.84
20 Day Low109.3
52 Week High120.84
52 Week Low90.64
Performance
1 Week-0.99%
2 Weeks-1.42%
1 Month-2.33%
3 Month5.78%
6 Month9.87%
12 Month20.89%
2 Year11.75%
3 Year6.68%
5 Year24.75%
10 Year95.56%
15 Year251.89%
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)49.09
LBB115.52
UBB119.84
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 119.73 | 114.74 | 4.99 (4.17%) | 23.99% |
| An entry @119.73. This is a Buy Stop order right above the resistance zone. | An exit @114.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.99 points, which is 4.17%. | When investing 23.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
116.3
-1.79 (-1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-1.52%
1 Week-0.99%
2 Weeks-1.42%
1 Month-2.33%
3 Month5.78%
6 Month9.87%
12 Month20.89%
2 Year11.75%
3 Year6.68%
5 Year24.75%
10 Year95.56%
15 Year251.89%
Volatility
ATR(14)2.79
ATR(20)%2.88%
ATR Inc20.95%
Range Today3.99
ADR(20)3.32
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.95
Mansfield1.08
10 Day High120.78
10 Day Low114.75
20 Day High120.84
20 Day Low109.3
52 Week High120.84
52 Week Low90.64
CS1 End115.88
CR1 Start116.91
Volume & EV
DER(3)-1.02%
DER(5)1.59%
Volume453.26K
Volume Incr-2.7%
Vol(5)386.31K
Vol(50)369.31K