INGERSOLL-RAND INC (IR) Technical Analysis
NYSE:IR • US45687V1061
Current stock price
IR Technical Rating and Analysis
Taking everything into account, IR scores 2 out of 10 in our technical rating. 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.
- IR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- IR has an average volume of 4145390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, IR outperforms 53% of them, which is more or less in line with the market.
- IR is an average performer in the Machinery industry, it outperforms 48% 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
Although the technical rating is bad, IR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 80.39, a Stop Loss order could be placed below this zone.
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 80.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 74.98 to 74.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 81.40 to 81.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 83.50 to 84.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | 53.53 | 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) | DOWN | NEGATIVE | The current price of IR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.61 | NEUTRAL | The RSI value for IR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests IR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.73 | OVERSOLD | The low Stochastics value suggests IR may be oversold. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for IR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.97 | 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
81.39
-0.77 (-0.94%)
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 32.6122. 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 -0.832154, 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 80.39 and a resistance level at 81.4. Check the full technical report for our detailed analysis of IR support and resistance levels.