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Downtrend Broken Resist.Archive - 5/2/2025 - 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 second positive week after 4 consecutive negative weeks for the IQVIA Hold (IQV). During the week, the IQV gained 3.20 points, or 2.13%, and closed at 153.48 on Friday, May 2, 2025. Weekly volume was 25% above average. IQV is a member of Life Sciences Tools & Services Industry. Life Sciences Tools & Services is the sixth most oversold industry. 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 IQV long-term trend chart] A long-term downtrend had started on March 8, 2024 at 261.73 and reached 136.00 on April 9, 2025. IQV lost 125.73 points, or 48.04%, in 56 weeks. The price is now at the 13.90% retracement level.
Medium-term trend: [See IQV medium-term trend chart] A medium-term downtrend had started on February 6, 2025 at 220.00 and reached 136.00 on April 9, 2025. IQV lost 84.00 points, or 38.18%, in 8 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (109.35) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. IQV may retest the broken resistance line. It is considered to be a support line now. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 October 4, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 9, 2025 at 136.00 and reached 156.31 on May 2, 2025. IQV gained -20.31 points, or -14.93%, in 23 days. The chart has formed a Rising Wedge chart pattern. The trend support level is at 149.36 and resistance is at 155.58. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a short-term trend.
Daily Technical Indicators: [See IQV daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. The daily MACD line is above its signal line since April 23, 2025. This is an indication that the short-term trend is up.
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