IDL Technical Analysis - ID LOGISTICS GROUP

Technical Rating and Analysis

Taking everything into account, IDL scores 0 out of 10 in our technical rating. IDL 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

87% of all other stocks performed better in the past year than IDL.

IDL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Warning: IDL has an average volume of 4307 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

IDL is an average performer in the Air Freight & Logistics industry, it outperforms 53% of 16 stocks in the same industry.

IDL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDL is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ID LOGISTICS GROUP / IDL Weekly stock chart

ID LOGISTICS GROUP / IDL Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, IDL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 386.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IDL in the last couple of days, which is a good sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

374.21

459.55

When analyzing the support we notice one important area.

A support zone ranging from 377.99 to 390.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

Resistance @416.51 from a horizontal line in the daily time frame.
Resistance @455.00 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 IDL.PA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for IDL.PA is down.
ChartMill Relative Strength	13.53	NEGATIVE	IDL.PA has a low relative strength, it was outperformed by 86.47% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of IDL.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of IDL.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of IDL.PA is below the rising SMA(200).
Relative Strength Index/RSI (14)	44.36	NEUTRAL	The RSI value for IDL.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests IDL.PA has a positive trend.
Stochastics (14,3)	42.42	NEUTRAL	The Stochastics value for IDL.PA is a neutral value.
Average True Range in percent/ATR (20)	2.18	MEDIUM VOLATILITY	The ATR as a percentage value for IDL.PA suggests some volalility.
Average Directional Index/ADX (14)	24.93	NEUTRAL	The ADX value for IDL.PA suggests a possible start of a new trend.