|
Downtrend Broken Resist.Archive - 7/19/2024 - Sign In to see current Signals. |
IQVIA Hold (IQV) Technical Analysis
|
![Subscribe to TheGreedyTrader Weekly Alerts](images/alert4.gif) |
| Summary:
| | Weekly :![Broken trend resistance line](images\bullish.gif) ![Stochastic signal line moved above oversold area](images\bullish.gif) | | Daily :![Price is near the Fibonacci 38.2% retracement level](images\alert_signals.gif) Move cursor over the icon to see details.
| | It was a second consecutive positive week for the IQVIA Hold (IQV). During the week, the IQV climbed 0.40 points, or 0.18%, and closed at 224.57 on Friday, July 19, 2024. IQV was trading at average weekly trading volume.
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 Right-Angled, Ascending Wedge chart pattern. The trend support level is at 168.55 and resistance is at 268.31. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See IQV medium-term trend chart] A medium-term downtrend had started on March 8, 2024 at 261.73 and reached 205.16 on July 5, 2024. IQV lost 56.57 points, or 21.61%, in 17 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (201.93) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See IQV weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 link to access Lane's Stochastic help. The weekly MACD line is below its signal line since April 12, 2024. This is an indication that the medium-term trend is down. 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 July 5, 2024 at 205.16 and reached 237.41 on July 17, 2024. IQV gained -32.25 points, or -15.72%, in 12 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See IQV daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since July 5, 2024. This is an indication that the short-term trend is up.
| |
|
|