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Downtrend Broken Resist.Archive - 3/15/2024 - 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 the negative week for the IQVIA Hold (IQV). During the week, the IQV dropped -4.47 points, or -1.74%, and closed at 252.71 on Friday, March 15, 2024. Weekly volume was -22% 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 price is now at the 9.40% retracement level. 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 Symmetric Triangle chart pattern. The uptrend resistance line (229.18) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend. Weekly Technical Indicators: [See IQV weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Weekly Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 November 24, 2023. 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 IQV short-term trend chart] A short-term uptrend had started on February 1, 2024 at 205.38 and reached 261.73 on March 8, 2024. IQV gained -56.35 points, or -27.44%, in 36 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (262.25) 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 short-term trend. Daily Technical Indicators: [See IQV daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
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