Overall IDXX gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
IDXX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
609.98
When analyzing the support we can see 2 important areas.
- Support @633.05 from a horizontal line in the daily time frame.
- A support zone ranging from 616.14 to 618.17. 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 690.47 to 695.21. 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 | DOWN | NEGATIVE | The short term trend for IDXX is down. |
| ChartMill Relative Strength | 91.06 | POSITIVE | IDXX has a high relative strength, it outperformed 91.06% 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) | UP | MIXED | The current price of IDXX is below the rising 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) | 44.05 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.84 | NEGATIVE | The MACD value suggests IDXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for IDXX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for IDXX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.46 | 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 |
|---|---|---|---|
| 695.22 | 676.05 | 19.17 (2.76%) | 25.00% |
| An entry @695.22. This is a Buy Stop order right above the resistance zone. | An exit @676.05. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 19.17 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IDXX. Please evaluate whether better entry and exit points can be found.
- 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.
688.48
+0.3 (+0.04%)
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.
Can you provide the trend direction for IDEXX LABORATORIES INC?
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 44.0503. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IDEXX LABORATORIES INC?
The MACD indicator for IDEXX LABORATORIES INC (IDXX) has a value of -3.8446, indicating a bearish trend.
What is the support and resistance level for IDXX stock?
IDEXX LABORATORIES INC (IDXX) has a support level at 633.05 and a resistance level at 690.47. Check the full technical report for our detailed analysis of IDXX support and resistance levels.