IDEX CORP (IEX) Stock Technical Analysis
NYSE:IEX - New York Stock Exchange, Inc. - US45167R1041 - Common Stock - Currency: USD
Taking everything into account, IEX scores 1 out of 10 in our technical rating. IEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
71% of all other stocks performed better in the past year than IEX.
IEX is part of the Machinery industry. There are 128 other stocks in this industry, of which 60% are performing better than IEX.
In the last month IEX has a been trading in the 176.77 - 191.14 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 182.89. Right above this resistance zone may be a good entry point.
More info and screens
159.04
224.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 181.93 to 181.98. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 182.89 to 184.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 188.45 to 191.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @222.67 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 | NEUTRAL | NEUTRAL | The short term trend for IEX is neutral. |
| ChartMill Relative Strength | 29.59 | NEGATIVE | IEX has a low relative strength, it was outperformed by 70.41% 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) | 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) | 51.13 | NEUTRAL | The RSI value for IEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests IEX has a negative trend. |
| Stochastics (14,3) | 73.5 | NEUTRAL | The Stochastics value for IEX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for IEX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.42 | 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)
182.51
-0.66 (-0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.36%
1 Week1.24%
2 Weeks0.2%
1 Month-3.16%
3 Month0.07%
6 Month-18.16%
12 Month-7.93%
2 Year-15.21%
3 Year0.48%
5 Year15.48%
10 Year132.26%
15 Year538.82%
Volatility
ATR(14)3.08
ATR(20)%1.81%
ATR Inc-27.96%
Range Today2.39
ADR(20)2.97
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.59
Mansfield-1.34
10 Day High185.85
10 Day Low176.77
20 Day High191.14
20 Day Low176.77
52 Week High238.22
52 Week Low153.36
CS1 End181.98
CR1 Start182.89
Volume & EV
DER(3)-5%
DER(5)-2.26%
Volume622.20K
Volume Incr-6.41%
Vol(5)521.04K
Vol(50)692.26K