IDEX CORP (IEX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IEX - US45167R1041 - Common Stock
We assign a technical rating of 5 out of 10 to IEX. Recently some decent action could be observed, but in the medium term time frame this is still negative. IEX was also a bad performer in the overall market in the last year.
IEX has an average technical rating and it also does not offer a high quality setup 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
155.94
We found 3 important support areas.
- A support zone ranging from 167.45 to 169.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 161.94 to 161.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 157.52 to 158.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 179.04 to 179.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @191.29 from a horizontal line in the daily time frame.
- Resistance @214.20 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for IEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IEX is up. |
| ChartMill Relative Strength | 28.17 | NEGATIVE | IEX has a low relative strength, it was outperformed by 71.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IEX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.11 | OVERBOUGHT | The high RSI value suggests IEX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.2 | POSITIVE | The MACD value suggests IEX has a positive trend. |
| Stochastics (14,3) | 95.89 | OVERBOUGHT | The high Stochastics value suggests IEX may be overbought. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for IEX suggests low volalility. |
| Average Directional Index/ADX (14) | 29.84 | POSITIVE | The high ADX value value for IEX suggests a strong trend. |
179.03
+0.82 (+0.46%)
IDEX CORP / IEX FAQ
What is the technical rating for IEX stock?
ChartMill assigns a technical rating of 5 / 10 to IEX.
What is the trend direction for IEX stock?
The current trend direction for IDEX CORP (IEX) is Bearish.
What is the RSI signal for IEX stock?
IDEX CORP (IEX) has an RSI value of 71.1077. This indicates that the stock is currently overbought.
What is the short term momentum for IEX stock?
The short term momentum for IDEX CORP (IEX) is positive.
What is the support and resistance level for IEX stock?
IDEX CORP (IEX) has a support level at 169.93 and a resistance level at 179.04. Check the full technical report for our detailed analysis of IEX support and resistance levels.