Overall IDXX gets a technical rating of 7 out of 10. In the last year, IDXX was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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!
- When comparing the yearly performance of all stocks, we notice that IDXX is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, IDXX also shows a nice and consistent pattern of rising prices.
- IDXX is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry. IDXX outperforms 90% of them.
- IDXX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IDXX is lagging the market slightly.
- In the last month IDXX has a been trading in the 661.89 - 726.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, IDXX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 692.02, a Stop Loss order could be placed below this zone.
More info and screens
609.98
We found 4 important support areas.
- A support zone ranging from 686.06 to 692.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @669.00 from a horizontal line in the daily time frame.
- Support @633.05 from a horizontal line in the daily time frame.
- A support zone ranging from 616.14 to 616.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 698.32 to 716.65. This zone is formed by a combination of multiple trend lines and important moving averages 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 IDXX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDXX is neutral. |
| ChartMill Relative Strength | 89.64 | POSITIVE | IDXX has a high relative strength, it outperformed 89.64% 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 | POSITIVE | The current price of IDXX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.61 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests IDXX has a negative trend. |
| Stochastics (14,3) | 57.96 | NEUTRAL | The Stochastics value for IDXX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for IDXX suggests some volalility. |
| Average Directional Index/ADX (14) | 13.83 | NEGATIVE | The low ADX value for IDXX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 716.66 | 686.05 | 30.61 (4.27%) | 23.41% |
| An entry @716.66. This is a Buy Stop order right above the resistance zone. | An exit @686.05. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 30.61 points, which is 4.27%. | For a 1.00% total portfolio risk, you can invest 23.41% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
696.46
+10.44 (+1.52%)
IDEXX LABORATORIES INC / IDXX FAQ
What is the ChartMill technical rating of IDEXX LABORATORIES INC (IDXX) stock?
ChartMill assigns a technical rating of 7 / 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 Bullish.
Can you provide the RSI signal for IDEXX LABORATORIES INC?
IDEXX LABORATORIES INC (IDXX) has an RSI value of 47.6144. 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 -0.401291, 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 692.02 and a resistance level at 698.32. Check the full technical report for our detailed analysis of IDXX support and resistance levels.