IDEANOMICS INC (IDEX) Stock Technical Analysis
NASDAQ:IDEX - Nasdaq - US45166V2051 - Common Stock - Currency: USD
Taking everything into account, IDEX scores 0 out of 10 in our technical rating. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, IDEX is a bad performer in the overall market: 95% of all stocks are doing better.
IDEX is part of the Machinery industry. There are 128 other stocks in this industry, of which 89% are performing better than IDEX.
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 0.81 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IDEX has a bad technical rating, but it does show 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 0.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.81, a Stop Loss order could be placed below this zone.
More info and screens
0.78
0.98
We found 1 important support area.
- A support zone ranging from 0.79 to 0.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.90 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.93 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.26
Mansfield-6.73
10 Day High0.95
10 Day Low0.87
20 Day High1.08
20 Day Low0.81
52 Week High12.3
52 Week Low0.75
Performance
1 Week-4.35%
2 Weeks-5.38%
1 Month-3.88%
3 Month-1.11%
6 Month-46.34%
12 Month-92.36%
2 Year-98.97%
3 Year-99.7%
5 Year-99.63%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)42.99
LBB0.84
UBB0.97
0.88
-0.04 (-4.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.36%
1 Week-4.35%
2 Weeks-5.38%
1 Month-3.88%
3 Month-1.11%
6 Month-46.34%
12 Month-92.36%
2 Year-98.97%
3 Year-99.7%
5 Year-99.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%8.16%
ATR Inc-30.87%
Range Today0.06
ADR(20)0.07
ADR(20)%7.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.26
Mansfield-6.73
10 Day High0.95
10 Day Low0.87
20 Day High1.08
20 Day Low0.81
52 Week High12.3
52 Week Low0.75
CS1 End0.81
CR1 Start0.9
Volume & EV
DER(3)-9.23%
DER(5)-8.62%
Volume1.96M
Volume Incr59.45%
Vol(5)490.36K
Vol(50)371.98K