IDEX CORP (IEX) Stock Technical Analysis
NYSE:IEX - New York Stock Exchange, Inc. - US45167R1041 - Common Stock - Currency: USD
Overall IEX gets a technical rating of 0 out of 10. IEX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than IEX.
IEX is one of the lesser performing stocks in the Machinery industry. 81% of 128 stocks in the same industry do better.
IEX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IEX has a been trading in the 157.46 - 187.71 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of IEX is bad and it also does not present a 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
156.66
222.16
We found 1 important support area.
- A support zone ranging from 158.24 to 159.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 176.05 to 178.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 183.54 to 185.70. 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 @219.96 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 | DOWN | NEGATIVE | The long term trend for IEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IEX is down. |
| ChartMill Relative Strength | 13.46 | NEGATIVE | IEX has a low relative strength, it was outperformed by 86.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.77 | NEUTRAL | The RSI value for IEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.83 | NEGATIVE | The MACD value suggests IEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.81 | OVERSOLD | The low Stochastics value suggests IEX may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for IEX suggests some volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for IEX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
161.84
+3.59 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.27%
1 Week-12.6%
2 Weeks-12.3%
1 Month-11.31%
3 Month-11.79%
6 Month-17.4%
12 Month-16.72%
2 Year-28.52%
3 Year-19.57%
5 Year-10.2%
10 Year125.31%
15 Year443.27%
Volatility
ATR(14)4.89
ATR(20)%2.77%
ATR Inc-27.45%
Range Today3.32
ADR(20)3.98
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.46
Mansfield-2.33
10 Day High186.7
10 Day Low157.46
20 Day High187.71
20 Day Low157.46
52 Week High238.22
52 Week Low153.36
CS1 End159.11
CR1 Start176.05
Volume & EV
DER(3)1.82%
DER(5)0.19%
Volume695.40K
Volume Incr126.03%
Vol(5)1.43M
Vol(50)736.64K