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Downtrend Broken Resist.Archive - 6/6/2025 - Sign In to see current Signals. |
IDEXX Laboratories (IDXX) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :   Move cursor over the icon to see details.
| | It was a second consecutive positive week for the IDEXX Laboratories (IDXX). During the week, the IDXX gained 11.55 points, or 2.25%, and closed at 524.91 on Friday, June 6, 2025. Weekly volume was -27% below average.
Long-term trend: [See IDXX long-term trend chart] A long-term downtrend had started on March 1, 2024 at 583.39 and reached 356.10 on April 9, 2025. IDXX lost 227.29 points, or 38.96%, in 57 weeks. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (337.00) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. IDXX may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See IDXX medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 356.10 and reached 530.73 on June 4, 2025. IDXX gained -174.63 points, or -49.04%, in 8 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (525.64) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See IDXX weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since April 25, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
Short-term trend: [See IDXX short-term trend chart] A short-term uptrend had started on June 2, 2025 at 504.56 and reached 530.73 on June 4, 2025. IDXX gained -26.17 points, or -5.19%, in 2 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IDXX daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. The daily MACD line is below its signal line since May 21, 2025. The distance between MACD and the signal line is low and getting smaller. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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