IDEX CORP (IEX) Stock Technical Analysis
NYSE:IEX - New York Stock Exchange, Inc. - US45167R1041 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to IEX. In the past year, IEX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, IEX is a bad performer in the overall market: 77% of all stocks are doing better.
IEX is part of the Machinery industry. There are 127 other stocks in this industry, of which 69% are performing better than IEX.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IEX has a been trading in the 170.26 - 187.71 range, which is quite wide. It is currently trading near the high of this range.
IEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IEX is lagging the market.
IEX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 181.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
159.04
223.53
We found 2 important support areas.
- A support zone ranging from 176.06 to 181.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 160.65 to 162.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @186.00 from a trend line in the daily time frame.
- A resistance zone ranging from 190.86 to 191.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @221.32 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 | 23.58 | NEGATIVE | IEX has a low relative strength, it was outperformed by 76.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IEX is above a declining 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 | NEGATIVE | The current price of IEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.61 | NEUTRAL | The RSI value for IEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests IEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.54 | OVERBOUGHT | The high Stochastics value suggests IEX may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for IEX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.36 | NEGATIVE | The low ADX value for IEX suggests a weak or negative 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)
181.47
-3.95 (-2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.13%
1 Week0.12%
2 Weeks2.9%
1 Month-0.93%
3 Month7.69%
6 Month-11.92%
12 Month-11.24%
2 Year-19.64%
3 Year-13.07%
5 Year10.1%
10 Year138.68%
15 Year464.1%
Volatility
ATR(14)3.73
ATR(20)%2.06%
ATR Inc8.56%
Range Today2.7
ADR(20)3.58
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.58
Mansfield-1.52
10 Day High187.71
10 Day Low173.76
20 Day High187.71
20 Day Low170.26
52 Week High238.22
52 Week Low153.36
CS1 End181.31
CR1 Start186
Volume & EV
DER(3)-4.58%
DER(5)-4.5%
Volume674.80K
Volume Incr15.66%
Vol(5)822.20K
Vol(50)669.57K