IQVIA HOLDINGS INC (IQV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IQV - US46266C1053 - Common Stock
Overall IQV gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IQV is only an average performer.
- The long and short term trends are both positive. This is looking good!
- IQV is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 75% of 57 stocks in the same industry.
- IQV 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.
- IQV is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- IQV has an average volume of 1328100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, IQV did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Besides having an excellent technical rating, IQV also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 233.89, a Stop Loss order could be placed below this zone.
More info and screens
208.01
3 important support areas can be observed.
- A support zone ranging from 232.95 to 233.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 217.39 to 227.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @210.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 240.78 to 244.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 IQV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IQV is up. |
| ChartMill Relative Strength | 79.17 | POSITIVE | IQV has a high relative strength, it outperformed 79.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IQV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IQV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IQV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.53 | NEUTRAL | The RSI value for IQV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests IQV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.52 | NEUTRAL | The Stochastics value for IQV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for IQV suggests low volalility. |
| Average Directional Index/ADX (14) | 23.64 | NEUTRAL | The ADX value for IQV suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 244.31 | 232.94 | 11.37 (4.65%) | 21.49% |
| An entry @244.31. This is a Buy Stop order right above the resistance zone. | An exit @232.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.37 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.49% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
237.68
-3.6 (-1.49%)
IQVIA HOLDINGS INC / IQV FAQ
Can you provide the ChartMill technical rating for IQVIA HOLDINGS INC?
ChartMill assigns a technical rating of 8 / 10 to IQV.
Can you provide the trend direction for IQVIA HOLDINGS INC?
The current trend direction for IQVIA HOLDINGS INC (IQV) is Bullish.
Can you provide the RSI signal for IQVIA HOLDINGS INC?
IQVIA HOLDINGS INC (IQV) has an RSI value of 59.5312. This indicates that the stock is currently neutral.
What is the short term momentum for IQVIA HOLDINGS INC (IQV) stock?
The short term momentum for IQVIA HOLDINGS INC (IQV) is positive.
What is the support and resistance level for IQV stock?
IQVIA HOLDINGS INC (IQV) has a support level at 233.89 and a resistance level at 240.78. Check the full technical report for our detailed analysis of IQV support and resistance levels.