IDEX BIOMETRICS ASA (IDEX.OL) Stock Technical Analysis
OSL:IDEX - Euronext Oslo - NO0013107490 - Common Stock - Currency: NOK
We assign a technical rating of 2 out of 10 to IDEX. IDEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IDEX is a bad performer in the overall market: 100% of all stocks are doing better.
IDEX is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 98% of 51 stocks in the same industry do better.
IDEX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IDEX is lagging the market.
In the last month IDEX has a been trading in the 0.03 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
IDEX has an average volume of 20472400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
IDEX has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.05
0.09
We can see 3 important resistance areas.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.08 from a trend line in the daily time frame.
- Resistance @0.09 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for IDEX.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDEX.OL is down. |
| ChartMill Relative Strength | 0.99 | NEGATIVE | IDEX.OL has a low relative strength, it was outperformed by 99.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IDEX.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IDEX.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IDEX.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.5 | NEUTRAL | The RSI value for IDEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IDEX.OL has a negative trend. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests IDEX.OL may be oversold. |
| Average True Range in percent/ATR (20) | 26.39 | HIGH VOLATILITY | The high ATR as a percentage value for IDEX.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for IDEX.OL suggests a weak or negative 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)
OSL:IDEX (5/30/2025, 7:00:00 PM)
0.0474
0 (-6.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-6.32%
1 Week-20.66%
2 Weeks-43.53%
1 Month41.18%
3 Month-40.37%
6 Month-61.6%
12 Month-97%
2 Year-94.03%
3 Year-96.23%
5 Year-97.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%26.39%
ATR Inc-77.81%
Range Today0.01
ADR(20)0.01
ADR(20)%26.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.99
Mansfield-8.9
10 Day High0.09
10 Day Low0.05
20 Day High0.1
20 Day Low0.03
52 Week High1.69
52 Week Low0.03
CS1 EndN/A
CR1 Start0.06
Volume & EV
DER(3)0%
DER(5)0.21%
Volume3.98K
Volume Incr-77.88%
Vol(5)6.93M
Vol(50)20.47M