VANECK INDONESIA INDEX ETF (IDX) Stock Technical Analysis
USA - NYSEARCA:IDX - US92189F8335 - ETF
15.96 USD
+0.24 (+1.53%)
We assign a technical rating of 4 out of 10 to IDX. IDX was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, IDX is a bad performer in the overall market: 78% of all stocks are doing better.
IDX is one of the lesser performing stocks in the Automobile Components industry. 88% of 80 stocks in the same industry do better.
Warning: IDX has an average volume of 22622 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
IDX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDX is lagging the market.
In the last month IDX has a been trading in the 15.37 - 16.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
IDX has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.89
17.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.45 to 15.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.03 to 14.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 15.98 to 16.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.52 from a horizontal line in the daily time frame.
- Resistance @16.88 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 IDX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDX is neutral. |
| ChartMill Relative Strength | 22.67 | NEGATIVE | IDX has a low relative strength, it was outperformed by 77.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IDX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.15 | NEUTRAL | The RSI value for IDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests IDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.11 | NEUTRAL | The Stochastics value for IDX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for IDX suggests low volalility. |
| Average Directional Index/ADX (14) | 16.58 | NEGATIVE | The low ADX value for IDX 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)
NYSEARCA:IDX (9/12/2025, 8:04:00 PM)
15.96
+0.24 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.53%
1 Week-0.25%
2 Weeks-0.9%
1 Month-2.64%
3 Month6.76%
6 Month23.63%
12 Month-13.92%
2 Year-9.26%
3 Year-17.52%
5 Year0.19%
10 Year-0.5%
15 Year-44.72%
Volatility
ATR(14)0.2
ATR(20)%1.34%
ATR Inc-3.38%
Range Today0.1
ADR(20)0.13
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.67
Mansfield-0.41
10 Day High16.07
10 Day Low15.37
20 Day High16.37
20 Day Low15.37
52 Week High19.1
52 Week Low10.93
CS1 End15.78
CR1 Start15.98
Volume & EV
DER(3)3.85%
DER(5)2.89%
Volume7.50K
Volume Incr-34.23%
Vol(5)11.02K
Vol(50)22.62K