IDACORP INC (IDA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IDA - US4511071064 - Common Stock
Taking everything into account, IDA scores 3 out of 10 in our technical rating. IDA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IDA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 128.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 127.92, 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
112.34
3 important support areas can be observed.
- A support zone ranging from 124.34 to 127.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @119.72 from a horizontal line in the daily time frame.
- Support @113.47 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 128.63 to 130.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 135.88 to 137.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IDA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDA is neutral. |
| ChartMill Relative Strength | 56.18 | NEUTRAL | IDA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IDA is above a declining 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) | 52.55 | NEUTRAL | The RSI value for IDA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests IDA has a positive trend. |
| Stochastics (14,3) | 53.29 | NEUTRAL | The Stochastics value for IDA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for IDA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.92 | NEGATIVE | The low ADX value for IDA suggests a weak or negative trend. |
128.13
+0.71 (+0.56%)
IDACORP INC / IDA FAQ
What is the technical rating for IDA stock?
ChartMill assigns a technical rating of 3 / 10 to IDA.
Can you provide the trend direction for IDACORP INC?
The current trend direction for IDACORP INC (IDA) is Bearish.
What is the RSI signal for IDACORP INC (IDA) stock?
IDACORP INC (IDA) has an RSI value of 52.5545. This indicates that the stock is currently neutral.
What is the MACD signal for IDA stock?
The MACD indicator for IDACORP INC (IDA) has a value of 0.21445, indicating a bearish trend.
Can you provide the support and resistance levels for IDACORP INC?
IDACORP INC (IDA) has a support level at 127.92 and a resistance level at 128.63. Check the full technical report for our detailed analysis of IDA support and resistance levels.