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Archive - 6/6/2025 - Sign In to see current Signals. |
IDEX Corporation (IEX) 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 IDEX Corporation (IEX). During the week, the IEX gained 2.40 points, or 1.33%, and closed at 183.31 on Friday, June 6, 2025. Weekly volume was -7% below average. IEX is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See IEX long-term trend chart] A long-term downtrend had started on March 21, 2024 at 246.05 and reached 153.40 on April 7, 2025. IEX lost 92.65 points, or 37.65%, in 54 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 144.37 and resistance is at 231.09. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See IEX medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 153.40 and reached 193.58 on May 12, 2025. IEX gained -40.18 points, or -26.19%, in 5 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 176.17 and resistance is at 208.37. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See IEX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See IEX short-term trend chart] A short-term downtrend had started on May 12, 2025 at 193.58 and reached 176.77 on June 2, 2025. IEX lost 16.81 points, or 8.68%, in 21 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IEX daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since May 21, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. A Parabolic SAR (stop and reversal) indicator (183.8) comes close to the price (183.31). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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