IDEXX LABORATORIES INC (IDXX) Technical Analysis
NASDAQ:IDXX • US45168D1046
Current stock price
IDXX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to IDXX. IDXX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month IDXX has a been trading in the 548.51 - 605.82 range, which is quite wide. It is currently trading near the lows of this range.
- IDXX is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. IDXX outperforms 73% of them.
- When compared to the yearly performance of all other stocks, IDXX outperforms 49% of them, which is more or less in line with the market.
- IDXX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IDXX is lagging the market.
IDXX Weekly and Daily overview Charts
IDXX Setup Rating and Analysis
IDXX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 563.18, a Stop Loss order could be placed below this zone.
More info and screens
IDXX Support and Resistance Analysis
551.51
We found 1 important support area.
- A support zone ranging from 557.08 to 563.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 572.93 to 578.07. 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 589.26 to 600.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @663.92 from a horizontal line in the daily time frame.
IDXX 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 IDXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IDXX is down. |
| ChartMill Relative Strength | 49.05 | NEUTRAL | IDXX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IDXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IDXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IDXX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.19 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests IDXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.15 | NEUTRAL | The Stochastics value for IDXX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for IDXX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for IDXX suggests a possible start of a new trend. |
IDXX Chart- and CandleStick Pattern Analysis
IDXX Technicals: Chart, Performance Metrics, Trend & Indicators
565.93
+5 (+0.89%)
IDEXX LABORATORIES INC / IDXX TA FAQ
What is the ChartMill technical rating of IDEXX LABORATORIES INC (IDXX) stock?
ChartMill assigns a technical rating of 1 / 10 to IDXX.
What is the trend direction for IDXX stock?
The current trend direction for IDEXX LABORATORIES INC (IDXX) is Bearish.
What is the RSI signal for IDXX stock?
IDEXX LABORATORIES INC (IDXX) has an RSI value of 44.1852. This indicates that the stock is currently neutral.
What is the short term momentum for IDEXX LABORATORIES INC (IDXX) stock?
The short term momentum for IDEXX LABORATORIES INC (IDXX) is negative.
What is the support and resistance level for IDXX stock?
IDEXX LABORATORIES INC (IDXX) has a support level at 563.18 and a resistance level at 572.93. Check the full technical report for our detailed analysis of IDXX support and resistance levels.