IDACORP INC (IDA) Stock Technical Analysis
USA - NYSE:IDA - US4511071064 - Common Stock
134.46 USD
-0.08 (-0.06%)
134.46 USD
0 (0%)
Taking everything into account, IDA scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IDA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IDA did better than 84% of all other stocks. We also observe that the gains produced by IDA over the past year are nicely spread over this period.
IDA is one of the better performing stocks in the Electric Utilities industry, it outperforms 78% of 47 stocks in the same industry.
IDA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IDA has a been trading in the 124.16 - 135.92 range, which is quite wide. It is currently trading near the high of this range.
Although IDA has an excellent technical rating, the quality of the presented setup is not ideal 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
116.63
136.15
2 important support areas can be observed.
- A support zone ranging from 123.60 to 129.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 117.81 to 120.67. 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 134.47 to 134.80. 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 | UP | POSITIVE | The long term trend for IDA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDA is up. |
| ChartMill Relative Strength | 84.98 | POSITIVE | IDA has a high relative strength, it outperformed 84.98% off all stocks 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) | 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) | 75.3 | OVERBOUGHT | The high RSI value suggests IDA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.44 | POSITIVE | The MACD value suggests IDA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.46 | OVERBOUGHT | The high Stochastics value suggests IDA may be overbought. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for IDA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for IDA suggests a strong trend. |
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)
134.46
-0.08 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.06%
1 Week1.56%
2 Weeks3.62%
1 Month7.26%
3 Month14.36%
6 Month14.55%
12 Month33.01%
2 Year41.97%
3 Year28.42%
5 Year53.27%
10 Year101.14%
15 Year265.38%
Volatility
ATR(14)2
ATR(20)%1.36%
ATR Inc-10.19%
Range Today1.63
ADR(20)1.79
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.98
Mansfield0.58
10 Day High135.92
10 Day Low129.05
20 Day High135.92
20 Day Low124.16
52 Week High135.92
52 Week Low100.1
CS1 End129.82
CR1 Start134.47
Volume & EV
DER(3)-2.68%
DER(5)-1.5%
Volume531.70K
Volume Incr7.39%
Vol(5)446.12K
Vol(50)384.25K