IDEAGEN PLC (IDEA.L) Stock Technical Analysis
Europe - LON:IDEA - GB00B0CM0C50 - Common Stock
194.5
+5 (+2.64%)
We assign a technical rating of 10 out of 10 to IDEA. Both in the recent history as in the last year, IDEA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IDEA did better than 95% of all other stocks. We also observe that the gains produced by IDEA over the past year are nicely spread over this period.
A new 52 week high is currently being made by IDEA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IDEA has a been trading in the 165.00 - 200.04 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although IDEA has an excellent technical rating, it does not offer a high quality setup 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
148.09
196.45
When analyzing the support we can see 3 important areas.
- Support @175.54 from a trend line in the daily time frame.
- A support zone ranging from 166.99 to 170.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 149.59 to 150.50. 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 IDEA.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDEA.L is up. |
| ChartMill Relative Strength | 95.51 | POSITIVE | IDEA.L has a high relative strength, it outperformed 95.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDEA.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDEA.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDEA.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.67 | OVERBOUGHT | The high RSI value suggests IDEA.L may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests IDEA.L has a positive trend. |
| Stochastics (14,3) | 91.53 | OVERBOUGHT | The high Stochastics value suggests IDEA.L may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for IDEA.L suggests some volalility. |
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)
LON:IDEA (12/27/2019, 7:00:00 PM)
194.5
+5 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.64%
1 Week3.73%
2 Weeks15.09%
1 Month7.46%
3 Month30.98%
6 Month24.68%
12 Month58.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.03
ATR(20)%2.54%
ATR Inc42.5%
Range Today11.19
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.51
Mansfield1.94
10 Day High200.04
10 Day Low168.01
20 Day High200.04
20 Day Low165
52 Week High200.04
52 Week Low118
CS1 End175.54
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume216.87K
Volume Incr-74.11%
Vol(5)149.13K
Vol(50)471.06K