IMS HEALTH HLDGS INC (IMS) Stock Technical Analysis
NYSE:IMS - New York Stock Exchange, Inc. -
We assign a technical rating of 8 out of 10 to IMS. Although IMS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IMS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IMS has a been trading in the 28.90 - 31.34 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IMS did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although IMS has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.31
31.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.97 to 30.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.35 to 31.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IMS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMS is up. |
| ChartMill Relative Strength | 75.44 | POSITIVE | IMS has a high relative strength, it outperformed 75.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.86 | OVERBOUGHT | The high RSI value suggests IMS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests IMS has a positive trend. |
| Stochastics (14,3) | 84.94 | OVERBOUGHT | The high Stochastics value suggests IMS may be overbought. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for IMS suggests low volalility. |
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)
31.34
+0.99 (+3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.26%
1 Week2.75%
2 Weeks5.88%
1 Month4.99%
3 Month20.12%
6 Month17.6%
12 Month6.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%1.5%
ATR Inc85.54%
Range Today0.97
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.44
Mansfield1.1
10 Day High31.34
10 Day Low29.61
20 Day High31.34
20 Day Low28.9
52 Week High31.59
52 Week Low22.36
CS1 End30.63
CR1 Start31.35
Volume & EV
DER(3)-0.5%
DER(5)-0.24%
Volume4.03M
Volume Incr51.44%
Vol(5)1.40M
Vol(50)919.43K