INGERSOLL-RAND INC (IR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IR - US45687V1061 - Common Stock
80.34 USD
+0.47 (+0.59%)
80.34 USD
0 (0%)
We assign a technical rating of 3 out of 10 to IR. In the past year, IR 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, IR is a bad performer in the overall market: 77% of all stocks are doing better.
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 IR has a been trading in the 72.45 - 80.72 range, which is quite wide. It is currently trading near the high of this range.
IR has an average volume of 3461550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IR is part of the Machinery industry. There are 130 other stocks in this industry, IR did better than 43% of them.
IR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of IR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
72.82
89.91
We found 2 important support areas.
- A support zone ranging from 78.82 to 80.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.56 to 73.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @81.67 from a trend line in the daily time frame.
- A resistance zone ranging from 84.50 to 84.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 89.02 to 89.02. 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 | NEUTRAL | NEUTRAL | The long term trend for IR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IR is up. |
| ChartMill Relative Strength | 23.52 | NEGATIVE | IR has a low relative strength, it was outperformed by 76.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.07 | NEUTRAL | The RSI value for IR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests IR has a positive trend. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests IR may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for IR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for IR 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)
80.34
+0.47 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.59%
1 Week7.78%
2 Weeks5.43%
1 Month2.04%
3 Month1.15%
6 Month-1.59%
12 Month-22.88%
2 Year12.47%
3 Year48.86%
5 Year81.48%
10 Year36.94%
15 Year95.95%
Volatility
ATR(14)1.95
ATR(20)%2.67%
ATR Inc-44.14%
Range Today0.97
ADR(20)2.1
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.52
3 months CRS50.23
6 months CRS26.02
Mansfield-1.35
10 Day High80.72
10 Day Low72.45
20 Day High80.72
20 Day Low72.45
52 Week High105.65
52 Week Low65.61
CS1 End80
CR1 Start81.67
Volume & EV
DER(3)1.75%
DER(5)1.36%
Volume1.04M
Volume Incr-14.5%
Vol(5)3.05M
Vol(50)3.46M
INGERSOLL-RAND INC / IR FAQ
What is the ChartMill technical rating of INGERSOLL-RAND INC (IR) stock?
ChartMill assigns a technical rating of 3 / 10 to IR.
What is the trend direction for IR stock?
The current trend direction for INGERSOLL-RAND INC (IR) is Bearish.
Can you provide the RSI signal for INGERSOLL-RAND INC?
INGERSOLL-RAND INC (IR) has an RSI value of 60.0664. This indicates that the stock is currently neutral.
What is the MACD signal for INGERSOLL-RAND INC (IR) stock?
The MACD indicator for INGERSOLL-RAND INC (IR) has a value of 0.632317, indicating a bearish trend.