IEC Electronics (IEC) Technical Analysis
NASDAQ:IEC
Current stock price
IEC Technical Rating and Analysis
Taking everything into account, IEC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IEC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, IEC did better than 87% of all other stocks. On top of that, IEC also shows a nice and consistent pattern of rising prices.
- IEC 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 IEC is lagging the market slightly.
- IEC is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, IEC did better than 63% of them.
- In the last month IEC has a been trading in a tight range between 15.28 and 15.35.
- Considerably lower volume is observed in the last couple of days.
IEC Weekly and Daily overview Charts
IEC Setup Rating and Analysis
IEC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.33, a Stop Loss order could be placed below this zone.
More info and screens
IEC Support and Resistance Analysis
10.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 15.20 to 15.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.15 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Strong resistance @15.35 from a horizontal line in the daily time frame.
IEC 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 IEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IEC is up. |
| ChartMill Relative Strength | 87.96 | POSITIVE | IEC has a high relative strength, it outperformed 87.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.56 | OVERBOUGHT | The high RSI value suggests IEC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests IEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.11 | OVERBOUGHT | The high Stochastics value suggests IEC may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for IEC suggests low volalility. |
IEC Chart- and CandleStick Pattern Analysis
IEC Example Setup
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 |
|---|---|---|---|
| 15.36 | 15.28 | 0.08 (0.52%) | 25.00% |
| An entry @15.36. This is a Buy Stop order right above the resistance zone. | An exit @15.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.52%. | For a 0.13% total portfolio risk, you can invest 25.00% 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.
IEC Technicals: Chart, Performance Metrics, Trend & Indicators
15.34
+0.01 (+0.07%)
IEC Electronics / IEC TA FAQ
What is the ChartMill technical rating of IEC Electronics (IEC) stock?
ChartMill assigns a technical rating of 10 / 10 to IEC.
Can you provide the trend direction for IEC Electronics?
The current trend direction for IEC Electronics (IEC) is Bullish.
What is the RSI signal for IEC Electronics (IEC) stock?
IEC Electronics (IEC) has an RSI value of 79.5619. This indicates that the stock is currently overbought.
What is the short term momentum for IEC stock?
The short term momentum for IEC Electronics (IEC) is positive.
What is the buy/sell signal for IEC stock?
The buy/sell signal for IEC Electronics (IEC) is buy as both the short term and long term trends are positive.