IDEXX LABORATORIES INC. - Daily - Technical analysis published on 03/31/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
11%
11%
My opinion
Bullish above 517.76 USD
My targets
586.54 USD (+6.74%)
612.77 USD (+11.51%)
My analysis
The current short-term bullish trend should quickly fix the basic bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for IDEXX LABORATORIES INC. as long as the price remains well above 517.76 USD. The buyers' bullish objective is set at 586.54 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 612.77 USD. If there is any crossing, the next objective would be the resistance located at 662.12 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.6
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The IDEXX LABORATORIES INC. price is 549.50 USD. On the day, this instrument gained +0.15% with the lowest point at 547.57 USD and the highest point at 555.63 USD. The deviation from the price is +0.35% for the low point and -1.10% for the high point.547.57
555.63
549.50
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by IDEXX LABORATORIES INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this IDEXX LABORATORIES INC. chart shows a neutral trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 354.20 | 474.43 | 517.76 | 549.50 | 555.44 | 586.54 | 612.77 |
Change (%) | -35.54% | -13.66% | -5.78% | - | +1.08% | +6.74% | +11.51% |
Change | -195.30 | -75.07 | -31.74 | - | +5.94 | +37.04 | +63.27 |
Level | Minor | Major | Minor | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 535.75 | 539.56 | 544.12 | 547.93 | 552.49 | 556.30 | 560.86 |
Camarilla | 546.38 | 547.15 | 547.91 | 548.68 | 549.45 | 550.22 | 550.98 |
Woodie | 536.13 | 539.75 | 544.50 | 548.12 | 552.87 | 556.49 | 561.24 |
Fibonacci | 539.56 | 542.76 | 544.73 | 547.93 | 551.13 | 553.10 | 556.30 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 500.96 | 514.65 | 526.79 | 540.48 | 552.62 | 566.31 | 578.45 |
Camarilla | 531.83 | 534.20 | 536.56 | 538.93 | 541.30 | 543.67 | 546.03 |
Woodie | 500.19 | 514.26 | 526.02 | 540.09 | 551.85 | 565.92 | 577.68 |
Fibonacci | 514.65 | 524.52 | 530.61 | 540.48 | 550.35 | 556.44 | 566.31 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 370.01 | 419.27 | 475.81 | 525.07 | 581.61 | 630.87 | 687.41 |
Camarilla | 503.26 | 512.95 | 522.65 | 532.35 | 542.05 | 551.75 | 561.45 |
Woodie | 373.65 | 421.09 | 479.45 | 526.89 | 585.25 | 632.69 | 691.05 |
Fibonacci | 419.27 | 459.69 | 484.65 | 525.07 | 565.49 | 590.45 | 630.87 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 57.56 | |
MACD (12,26,9): | 7.4300 | |
Directional Movement: | 10.43 | |
AROON (14): | 78.57 | |
DEMA (21): | 542.31 | |
Parabolic SAR (0,02-0,02-0,2): | 506.59 | |
Elder Ray (13): | 12.89 | |
Super Trend (3,10): | 560.44 | |
Zig ZAG (10): | 549.49 | |
VORTEX (21): | 0.9600 | |
Stochastique (14,3,5): | 85.68 | |
TEMA (21): | 551.86 | |
Williams %R (14): | -14.96 | |
Chande Momentum Oscillator (20): | 46.56 | |
Repulse (5,40,3): | -0.2300 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1500 | |
Courbe Coppock: | 11.55 |
MA7: | 543.58 | |
MA20: | 529.44 | |
MA50: | 518.00 | |
MA100: | 562.85 | |
MAexp7: | 544.47 | |
MAexp20: | 534.12 | |
MAexp50: | 535.59 | |
MAexp100: | 554.93 | |
Price / MA7: | +1.09% | |
Price / MA20: | +3.79% | |
Price / MA50: | +6.08% | |
Price / MA100: | -2.37% | |
Price / MAexp7: | +0.92% | |
Price / MAexp20: | +2.88% | |
Price / MAexp50: | +2.60% | |
Price / MAexp100: | -0.98% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on IDEXX LABORATORIES INC.. At the time of publication of this analysis, the latest news was as follows:
- IDEXX Laboratories to Present at Two Upcoming Institutional Investor Conferences
- IDEXX Laboratories Announces Fourth Quarter and Full Year 2021 Results
- IDEXX Innovative Diagnostic and Software Solutions Provide Workflow Efficiency and Faster, More Confident Clinical Decisions
- IDEXX Enables Improved Cancer Diagnosis and Personalized Care through Expanded Oncology Offering
- IDEXX Laboratories to Release 2021 Fourth Quarter and Full Year Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
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