NYSEARCA:IDAT - NYSE Arca - US46435U1271 - ETF - Currency: USD
Taking everything into account, IDAT scores 8 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, IDAT is only an average performer.
IDAT has an excellent technical rating and also presents 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 36.85. Right above this resistance zone may be a good entry point.
26.78
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 IDAT is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDAT is up. |
ChartMill Relative Strength | 79.98 | POSITIVE | IDAT has a high relative strength, it outperformed 79.98% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDAT is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDAT is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDAT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 66.36 | NEUTRAL | The RSI value for IDAT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IDAT has a negative trend. |
Stochastics (14,3) | 83.51 | OVERBOUGHT | The high Stochastics value suggests IDAT may be overbought. |
Average True Range in percent/ATR (20) | 0.78 | LOW VOLATILITY | The low ATR as a percentage value for IDAT suggests low volalility. |
Average Directional Index/ADX (14) | 33.13 | POSITIVE | The high ADX value value for IDAT suggests a strong trend. |
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 |
---|---|---|---|
36.91 | 35.80 | 1.11 (3.01%) | 25.00% |
An entry @36.91. This is a Buy Stop order right above the resistance zone. | An exit @35.80. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.11 points, which is 3.01%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:IDAT (7/25/2025, 8:04:01 PM)
36.8352
+0.02 (+0.07%)