Overall IDXX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDXX is showing a nice and steady performance.
Although IDXX has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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609.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 669.00 to 702.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 | UP | POSITIVE | The short term trend for IDXX is up. |
| ChartMill Relative Strength | 91 | POSITIVE | IDXX has a high relative strength, it outperformed 91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDXX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDXX is above 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) | 57.9 | NEUTRAL | The RSI value for IDXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.94 | POSITIVE | The MACD value suggests IDXX has a positive trend. |
| Stochastics (14,3) | 81.68 | OVERBOUGHT | The high Stochastics value suggests IDXX may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for IDXX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.91 | 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 |
|---|---|---|---|
| 725.00 | 661.88 | 63.12 (8.71%) | 11.49% |
| An entry @725.00. This is a Buy Stop order right above the 10 day high. | An exit @661.88. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 63.12 points, which is 8.71%. | For a 1.00% total portfolio risk, you can invest 11.49% 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.
713.35
+0.96 (+0.13%)
IDEXX LABORATORIES INC / IDXX FAQ
What is the ChartMill technical rating of IDEXX LABORATORIES INC (IDXX) stock?
ChartMill assigns a technical rating of 10 / 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 57.8966. 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 2.94102, indicating a bullish trend.
What are the support and resistance levels for IDEXX LABORATORIES INC (IDXX) stock?
IDEXX LABORATORIES INC (IDXX) has a support level at 702.24. Check the full technical report for our detailed analysis of IDXX support and resistance levels.