IDEXX LABORATORIES INC (IDXX) Technical Analysis
NASDAQ:IDXX • US45168D1046
Current stock price
IDXX Technical Rating and Analysis
Overall IDXX gets a technical rating of 0 out of 10. IDXX 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.
- 64% of all other stocks performed better in the past year than IDXX.
- IDXX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month IDXX has a been trading in the 544.01 - 605.82 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 70% of 187 stocks in the same industry.
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. There is very little resistance above the current price. There is a support zone below the current price at 553.65, a Stop Loss order could be placed below this zone.
More info and screens
IDXX Support and Resistance Analysis
548.11
When analyzing the support we notice one important area.
- A support zone ranging from 553.65 to 553.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @557.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 571.34 to 573.91. 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 594.12. 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 | 36.97 | 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) | 40.64 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IDXX has a negative trend. |
| Stochastics (14,3) | 33.36 | NEUTRAL | The Stochastics value for IDXX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | 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
553.66
-14.64 (-2.58%)
IDEXX LABORATORIES INC / IDXX TA FAQ
What is the ChartMill technical rating of IDEXX LABORATORIES INC (IDXX) stock?
ChartMill assigns a technical rating of 0 / 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 40.6358. 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 553.65 and a resistance level at 557.09. Check the full technical report for our detailed analysis of IDXX support and resistance levels.