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Advanced TA SearchArchive - 5/10/2024 - Sign In to see current Signals. |
IQVIA Hold (IQV) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the IQVIA Hold (IQV). During the week, the IQV gained 10.71 points, or 4.79%, and closed at 234.08 on Friday, May 10, 2024. It was the best weekly gain since February 16, 2024. Weekly volume was -23% below average. Long-term trend: [See IQV long-term trend chart] A long-term uptrend had started on October 13, 2022 at 165.75 and reached 261.73 on March 8, 2024. IQV gained -95.98 points, or -57.91%, in 73 weeks. The chart has formed a Broadening Symmetric Wedge chart pattern. The trend support level is at 147.95 and resistance is at 266.43. A Broadening Symmetric 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 Symmetric Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Symmetric Wedge pattern in a long-term trend. Medium-term trend: [See IQV medium-term trend chart] A medium-term uptrend had started on November 1, 2023 at 167.42 and reached 261.73 on March 8, 2024. IQV gained -94.31 points, or -56.33%, in 18 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (247.63) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend. Weekly Technical Indicators: [See IQV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 12, 2024. Use the following link to access a MACD help. Short-term trend: [See IQV short-term trend chart] A short-term downtrend had started on March 8, 2024 at 261.73 and reached 221.33 on May 2, 2024. IQV lost 40.40 points, or 15.44%, in 55 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 220.50 and resistance is at 237.72. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend. Daily Technical Indicators: [See IQV daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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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