INGERSOLL-RAND INC (IR) Technical Analysis
NYSE:IR • US45687V1061
Current stock price
IR Technical Rating and Analysis
Overall IR gets a technical rating of 2 out of 10. IR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IR has a been trading in the 79.76 - 100.00 range, which is quite wide. It is currently trading near the lows of this range.
- IR has an average volume of 4062590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, IR turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- IR is an average performer in the Machinery industry, it outperforms 47% of 131 stocks in the same industry.
- IR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IR is lagging the market slightly.
IR Weekly and Daily overview Charts
IR Setup Rating and Analysis
IR has a poor technical rating and the quality of the setup is also not perfect 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
IR Support and Resistance Analysis
74.23
We found 2 important support areas.
- A support zone ranging from 78.72 to 81.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 74.98 to 75.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 84.07 to 85.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @98.07 from a trend line in the weekly time frame.
IR Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for IR is down. |
| ChartMill Relative Strength | 55.68 | NEUTRAL | IR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.17 | NEUTRAL | The RSI value for IR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.15 | NEGATIVE | The MACD value suggests IR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.41 | NEUTRAL | The Stochastics value for IR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for IR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.93 | POSITIVE | The high ADX value value for IR suggests a strong trend. |
IR Chart- and CandleStick Pattern Analysis
IR Technicals: Chart, Performance Metrics, Trend & Indicators
84.06
+0.25 (+0.3%)
INGERSOLL-RAND INC / IR TA FAQ
What is the technical rating for IR stock?
ChartMill assigns a technical rating of 2 / 10 to IR.
Can you provide the trend direction for INGERSOLL-RAND INC?
The current trend direction for INGERSOLL-RAND INC (IR) is Bearish.
What is the RSI signal for INGERSOLL-RAND INC (IR) stock?
INGERSOLL-RAND INC (IR) has an RSI value of 37.171. This indicates that the stock is currently neutral.
What is the MACD signal for IR stock?
The MACD indicator for INGERSOLL-RAND INC (IR) has a value of -1.14518, indicating a bearish trend.
Can you provide the support and resistance levels for INGERSOLL-RAND INC?
INGERSOLL-RAND INC (IR) has a support level at 81.47 and a resistance level at 84.07. Check the full technical report for our detailed analysis of IR support and resistance levels.