IDAHO STRATEGIC RESOURCES IN (IDR) Technical Analysis
NYSEARCA:IDR • US6458272050
Current stock price
IDR Technical Rating and Analysis
Overall IDR gets a technical rating of 2 out of 10. Although IDR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month IDR has a been trading in the 26.32 - 45.24 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, IDR did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- IDR is part of the Metals & Mining industry. There are 157 other stocks in this industry, IDR did better than 62% of them.
- IDR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IDR is lagging the market slightly.
IDR Weekly and Daily overview Charts
IDR Setup Rating and Analysis
The technical rating of IDR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
IDR Support and Resistance Analysis
16.81
When analyzing the support we notice one important area.
- Support @16.98 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @40.85 from a trend line in the daily time frame.
- Resistance @46.22 from a trend line in the daily time frame.
IDR 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 | NEUTRAL | NEUTRAL | The long term trend for IDR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDR is down. |
| ChartMill Relative Strength | 89.56 | POSITIVE | IDR has a high relative strength, it outperformed 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IDR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IDR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 26.82 | OVERSOLD | The low RSI value suggests IDR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests IDR has a negative trend. |
| Stochastics (14,3) | 4.82 | OVERSOLD | The low Stochastics value suggests IDR may be oversold. |
| Average True Range in percent/ATR (20) | 10.56 | HIGH VOLATILITY | The high ATR as a percentage value for IDR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for IDR suggests a weak or negative trend. |
IDR Chart- and CandleStick Pattern Analysis
IDR Technicals: Chart, Performance Metrics, Trend & Indicators
26.73
-2.47 (-8.46%)
IDAHO STRATEGIC RESOURCES IN / IDR TA FAQ
What is the technical rating for IDR stock?
ChartMill assigns a technical rating of 2 / 10 to IDR.
Can you provide the trend direction for IDAHO STRATEGIC RESOURCES IN?
The current trend direction for IDAHO STRATEGIC RESOURCES IN (IDR) is Bearish.
Can you provide the RSI signal for IDAHO STRATEGIC RESOURCES IN?
IDAHO STRATEGIC RESOURCES IN (IDR) has an RSI value of 26.8229. This indicates that the stock is currently oversold.
What is the short term momentum for IDR stock?
The short term momentum for IDAHO STRATEGIC RESOURCES IN (IDR) is negative.