INFRASTRUCTURE AND ENERGY AL (IEA) Technical Analysis
NASDAQ:IEA • US45686J1043
Current stock price
IEA Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to IEA. 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.
- IEA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- IEA is one of the better performing stocks in the Construction & Engineering industry, it outperforms 98% of 55 stocks in the same industry.
- IEA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- IEA has an average volume of 1116470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the yearly performance of all stocks, we notice that IEA is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
IEA Weekly and Daily overview Charts
IEA Setup Rating and Analysis
IEA has an average technical rating and the quality of the presented setup is also 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.
More info and screens
IEA Support and Resistance Analysis
13.39
We found 1 important support area.
- A support zone ranging from 13.53 to 13.53. 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 14.04 to 14.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IEA 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 | UP | POSITIVE | The long term trend for IEA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IEA is down. |
| ChartMill Relative Strength | 98.36 | POSITIVE | IEA has a high relative strength, it outperformed 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IEA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.89 | NEUTRAL | The RSI value for IEA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests IEA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for IEA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for IEA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for IEA suggests a strong trend. |
IEA Chart- and CandleStick Pattern Analysis
IEA Technicals: Chart, Performance Metrics, Trend & Indicators
13.72
-0.06 (-0.44%)
INFRASTRUCTURE AND ENERGY AL / IEA TA FAQ
What is the technical rating for IEA stock?
ChartMill assigns a technical rating of 4 / 10 to IEA.
What is the current trend direction of INFRASTRUCTURE AND ENERGY AL (IEA) stock?
The current trend direction for INFRASTRUCTURE AND ENERGY AL (IEA) is Bullish.
Can you provide the RSI signal for INFRASTRUCTURE AND ENERGY AL?
INFRASTRUCTURE AND ENERGY AL (IEA) has an RSI value of 41.8926. This indicates that the stock is currently neutral.
What is the MACD signal for IEA stock?
The MACD indicator for INFRASTRUCTURE AND ENERGY AL (IEA) has a value of -0.073055, indicating a bearish trend.
Can you provide the support and resistance levels for INFRASTRUCTURE AND ENERGY AL?
INFRASTRUCTURE AND ENERGY AL (IEA) has a support level at 13.53 and a resistance level at 14.04. Check the full technical report for our detailed analysis of IEA support and resistance levels.