INGERSOLL-RAND INC (IR) Stock Technical Analysis
NYSE:IR - New York Stock Exchange, Inc. - US45687V1061 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to IR. Recently some decent action could be observed, but in the medium term time frame this is still negative. IR was also a bad performer in the overall market in the last year.
72% of all other stocks performed better in the past year than IR.
IR is one of the lesser performing stocks in the Machinery industry. 60% of 128 stocks in the same industry do 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 79.46 - 84.90 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IR has an average volume of 3505030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Considerably lower volume is observed in the last couple of days.
IR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 84.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.07, a Stop Loss order could be placed below this zone.
More info and screens
70.37
86.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 80.38 to 81.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.01 to 85.23. 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 | 28.55 | NEGATIVE | IR has a low relative strength, it was outperformed by 71.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IR is above a declining 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) | DOWN | NEGATIVE | The current price of IR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.45 | NEUTRAL | The RSI value for IR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IR has a negative trend. |
| Stochastics (14,3) | 73.77 | NEUTRAL | The Stochastics value for IR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for IR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.57 | 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)
82.52
-0.68 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.82%
1 Week0.79%
2 Weeks0.45%
1 Month-0.86%
3 Month0.79%
6 Month-18.38%
12 Month-9.77%
2 Year26.25%
3 Year96.1%
5 Year193.46%
10 Year22.4%
15 Year139.26%
Volatility
ATR(14)1.5
ATR(20)%1.73%
ATR Inc23.37%
Range Today1.16
ADR(20)1.29
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.55
Mansfield-1.28
10 Day High84.9
10 Day Low79.63
20 Day High84.9
20 Day Low79.46
52 Week High106.03
52 Week Low65.61
CS1 End81.07
CR1 Start84.01
Volume & EV
DER(3)-0.09%
DER(5)-3.61%
Volume1.82M
Volume Incr-27.52%
Vol(5)2.25M
Vol(50)3.51M