INGERSOLL-RAND INC (IR)

US45687V1061 - Common Stock

93.5  +1.47 (+1.6%)

After market: 93.5 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, IR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, IR has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IR is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, IR also shows a nice and consistent pattern of rising prices.
IR is part of the Machinery industry. There are 132 other stocks in this industry. IR outperforms 90% of them.
IR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IR is leading the market.
In the last month IR has a been trading in the 87.46 - 95.42 range, which is quite wide. It is currently trading near the high of this range.
IR has an average volume of 2365970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
IR Weekly chart
IR Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, IR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 94.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 91.93, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

66.19

96.21

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 88.40 to 91.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @66.86 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 94.95 to 95.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.52
Mansfield1.64
10 Day High93.96
10 Day Low87.46
20 Day High95.42
20 Day Low87.46
52 Week High96.17
52 Week Low55.86
Performance
1 Week5.77%
2 Weeks1.72%
1 Month-1.53%
3 Month17.91%
6 Month57.46%
12 Month63.98%
2 Year112.69%
3 Year89.23%
5 Year-23.74%
10 Year56.35%
15 Year329.49%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)58.16
LBB87.77
UBB94.79
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
95.2787.457.82 (8.21%)12.18%
An entry @95.27. This is a Buy Stop order right above the resistance zone.An exit @87.45. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 7.82 points, which is 8.21%.When investing 12.18% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IR Daily chart

INGERSOLL-RAND INC

NYSE:IR (4/26/2024, 7:04:00 PM)

After market: 93.5 0 (0%)

93.5

+1.47 (+1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.6%
1 Week5.77%
2 Weeks1.72%
1 Month-1.53%
3 Month17.91%
6 Month57.46%
12 Month63.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.05
ATR(20)%2.14%
ATR Inc
Range Today1.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High93.96
10 Day Low87.46
20 Day High95.42
20 Day Low87.46
52 Week High96.17
52 Week Low55.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.97M
Volume Incr22.36%
Vol(5)2.52M
Vol(50)2.37M