IDEXX LABORATORIES INC (IDXX) Technical Analysis
NASDAQ:IDXX • US45168D1046
Current stock price
IDXX Technical Rating and Analysis
Overall IDXX gets a technical rating of 2 out of 10. Although IDXX 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month IDXX has a been trading in the 565.33 - 666.14 range, which is quite wide. It is currently trading near the lows of this range.
- IDXX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 189 stocks in the same industry.
- Looking at the yearly performance, IDXX did better than 71% of all other stocks. However, we also see that IDXX couldn't keep up this performance in the last couple of months.
- IDXX 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 IDXX is lagging the market slightly.
IDXX Weekly and Daily overview Charts
IDXX Setup Rating and Analysis
Although the technical rating is bad, IDXX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 570.20, a Stop Loss order could be placed below this zone.
More info and screens
IDXX Support and Resistance Analysis
564.50
When analyzing the support we notice one important area.
- A support zone ranging from 570.20 to 570.20. 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 573.99 to 586.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 623.52 to 627.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 658.50 to 663.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 71.48 | POSITIVE | IDXX has a high relative strength, it outperformed 71.48% off all stocks 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) | 32.25 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests IDXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.4 | OVERSOLD | The low Stochastics value suggests IDXX may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IDXX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.44 | POSITIVE | The high ADX value value for IDXX suggests a strong trend. |
IDXX Chart- and CandleStick Pattern Analysis
IDXX Technicals: Chart, Performance Metrics, Trend & Indicators
570.21
-8.3 (-1.43%)
IDEXX LABORATORIES INC / IDXX TA FAQ
What is the ChartMill technical rating of IDEXX LABORATORIES INC (IDXX) stock?
ChartMill assigns a technical rating of 2 / 10 to IDXX.
What is the current trend direction of IDEXX LABORATORIES INC (IDXX) stock?
The current trend direction for IDEXX LABORATORIES INC (IDXX) is Bearish.
Can you provide the RSI signal for IDEXX LABORATORIES INC?
IDEXX LABORATORIES INC (IDXX) has an RSI value of 32.2524. This indicates that the stock is currently neutral.
What is the MACD signal for IDEXX LABORATORIES INC (IDXX) stock?
The MACD indicator for IDEXX LABORATORIES INC (IDXX) has a value of -1.20973, indicating a bearish trend.
What are the support and resistance levels for IDEXX LABORATORIES INC (IDXX) stock?
IDEXX LABORATORIES INC (IDXX) has a support level at 570.2 and a resistance level at 573.99. Check the full technical report for our detailed analysis of IDXX support and resistance levels.