IQVIA HOLDINGS INC (IQV) Stock Technical Analysis
NYSE:IQV - New York Stock Exchange, Inc. - US46266C1053 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to IQV. Recently some decent action could be observed, but in the medium term time frame this is still negative. IQV was also a bad performer in the overall market in the last year.
85% of all other stocks performed better in the past year than IQV.
IQV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
IQV has an average volume of 2389000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IQV is an average performer in the Life Sciences Tools & Services industry, it outperforms 42% of 55 stocks in the same industry.
In the last month IQV has a been trading in the 153.01 - 168.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, IQV does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 164.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 154.09, a Stop Loss order could be placed below this zone.
More info and screens
139.81
259.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 152.05 to 154.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @141.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 164.25 to 166.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @171.67 from a trend line in the daily time frame.
- Resistance @190.34 from a trend line in the daily time frame.
- Resistance @241.42 from a trend line in the weekly time frame.
- Resistance @257.18 from a horizontal 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 IQV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IQV is up. |
| ChartMill Relative Strength | 15.78 | NEGATIVE | IQV has a low relative strength, it was outperformed by 84.22% 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) | DOWN | NEGATIVE | The current price of IQV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.29 | NEUTRAL | The RSI value for IQV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests IQV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.02 | NEUTRAL | The Stochastics value for IQV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for IQV suggests some volalility. |
| Average Directional Index/ADX (14) | 30.44 | POSITIVE | The high ADX value value for IQV suggests a strong 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)
162.8
-2.73 (-1.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.65%
1 Week-0.88%
2 Weeks2.93%
1 Month2.5%
3 Month11.85%
6 Month-19.91%
12 Month-27.38%
2 Year-27.24%
3 Year-32.24%
5 Year2.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.81
ATR(20)%2.74%
ATR Inc26.71%
Range Today3.53
ADR(20)4.36
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.78
Mansfield-2.31
10 Day High168.97
10 Day Low155.15
20 Day High168.97
20 Day Low153.01
52 Week High252.88
52 Week Low134.65
CS1 End154.09
CR1 Start164.25
Volume & EV
DER(3)-0.77%
DER(5)-1.6%
Volume1.16M
Volume Incr-33.73%
Vol(5)1.51M
Vol(50)2.39M