INGERSOLL-RAND INC (IR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IR - US45687V1061 - Common Stock
We assign a technical rating of 7 out of 10 to IR. In the last year, IR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although IR has an excellent technical rating, it does not offer a high 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
74.23
We found 4 important support areas.
- A support zone ranging from 83.62 to 84.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 79.05 to 81.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @76.91 from a trend line in the weekly time frame.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 84.38 to 84.50. 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 | 48.69 | NEUTRAL | IR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of IR is above 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) | 61.88 | NEUTRAL | The RSI value for IR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests IR has a positive trend. |
| Stochastics (14,3) | 85.38 | OVERBOUGHT | The high Stochastics value suggests IR may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for IR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for IR suggests a weak or negative trend. |
84.37
+3.04 (+3.74%)
INGERSOLL-RAND INC / IR FAQ
What is the technical rating for IR stock?
ChartMill assigns a technical rating of 7 / 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 61.8802. 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 0.232321, 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 84.18 and a resistance level at 84.38. Check the full technical report for our detailed analysis of IR support and resistance levels.