IDEX BIOMETRICS ASA (IDEX.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:IDEX - NO0013536078 - Common Stock
Overall IDEX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDEX is showing a nice and steady performance.
- IDEX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that IDEX is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- IDEX is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 66% of 52 stocks in the same industry.
- In the last month IDEX has a been trading in the 3.95 - 8.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IDEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.03, a Stop Loss order could be placed below this zone.
More info and screens
2.61
We found 3 important support areas.
- A support zone ranging from 5.99 to 6.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.71 from a horizontal line in the daily time frame.
- Support @2.64 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @6.60 from a horizontal line in the weekly time frame.
- Resistance @6.78 from a trend line in the daily time frame.
- Resistance @6.90 from a horizontal 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 | UP | POSITIVE | The long term trend for IDEX.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDEX.OL is up. |
| ChartMill Relative Strength | 81.33 | POSITIVE | IDEX.OL has a high relative strength, it outperformed 81.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDEX.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDEX.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDEX.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for IDEX.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests IDEX.OL has a negative trend. |
| Stochastics (14,3) | 48.07 | NEUTRAL | The Stochastics value for IDEX.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 13.39 | HIGH VOLATILITY | The high ATR as a percentage value for IDEX.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 47.76 | POSITIVE | The high ADX value value for IDEX.OL 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 |
|---|---|---|---|
| 6.61 | 5.98 | 0.63 (9.53%) | 10.49% |
| An entry @6.61. This is a Buy Stop order right above the resistance zone. | An exit @5.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.63 points, which is 9.53%. | When investing 10.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IDEX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:IDEX (1/21/2026, 3:43:28 PM)
6.043
-0.45 (-6.96%)
IDEX BIOMETRICS ASA / IDEX.OL FAQ
What is the ChartMill technical rating of IDEX BIOMETRICS ASA (IDEX.OL) stock?
ChartMill assigns a technical rating of 9 / 10 to IDEX.OL.
What is the trend direction for IDEX stock?
The current trend direction for IDEX BIOMETRICS ASA (IDEX.OL) is Bullish.
Can you provide the RSI signal for IDEX BIOMETRICS ASA?
IDEX BIOMETRICS ASA (IDEX.OL) has an RSI value of 55.8848. This indicates that the stock is currently neutral.
What is the short term momentum for IDEX BIOMETRICS ASA (IDEX.OL) stock?
The short term momentum for IDEX BIOMETRICS ASA (IDEX.OL) is positive.
What is the buy/sell signal for IDEX stock?
The buy/sell signal for IDEX BIOMETRICS ASA (IDEX.OL) is buy as both the short term and long term trends are positive.