IDXX closes higher for the 5th day in a row

IDEXX Laboratories Inc. (IDXX) Technical Analysis Report for Jun 14, 2018 | by Techniquant Editorial Team


IDXX closes above its opening price after recovering from early selling pressure
IDXX closes higher for the 5th day in a row
IDXX ends the day on a bullish note closing near the high of the day
IDXX pushes through previous session high
IDXX rises to highest close since Inception


Moving higher for the 5th day in a row, IDXX ended Thursday at 226.08 gaining $3.50 (1.57%) on low volume. Today's closing price of 226.08 marks the highest close since Inception. Trading up to $1.77 lower after the open, IDEXX Laboratories managed to reverse during the session as bulls took control ending the day above its opening price. Closing above Wednesday's high at 224.50, the market confirms its breakout through the prior session's high having traded $1.70 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily Candlestick Chart (IDXX as at Jun 14, 2018):

Daily technical analysis candlestick chart for IDEXX Laboratories Inc. (IDXX) as at Jun 14, 2018

Thursday's trading range was $3.77 (1.68%), that's slightly below last trading month's daily average range of $4.08. Things look different on a weekly scale, where volatility is slightly below the markets average with the monthly volatility being above average.

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Market Conditions for IDXX as at Jun 14, 2018

Loading Market Conditions for IDXX (IDEXX Laboratories Inc.)...
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