What is the prediction for tomorrow
8/3/2025 11:56am
The prediction for IDEX (Idex) tomorrow, July 31, 2025, is bearish. Here's a detailed analysis:
1. **Current Trend**: The stock is currently in a bearish trend, which has lasted for 6 days. The probability of the trend continuing is 85%, with 5 days showing a clear bearish trend and 1 day of unclear movement.
2. **Support and Resistance Levels**: The stock is currently below both the wide support level of $169.04 and the narrow support level of $176.9. It is also below the wide resistance level of $192.65 and the narrow resistance level of $200.51. This suggests that the stock has more downside potential than upside potential.
3. **Forecast Price Trend**: The forecast for IDEX's price trend tomorrow is bearish, with a sell advice and a historical win rate of 53.6% for this type of forecast.
4. **Technical Indicators**: The stock's technical indicators are also bearish, with a MACD of -5.25, a KDJ of -12.81, and an RSI of 12.66, which typically suggest that a stock is oversold. However, these indicators should be used in conjunction with other analysis and not relied on solely.
In conclusion, the prediction for IDEX tomorrow is bearish, with the stock likely to continue its downward trend. Investors may want to consider this prediction along with other factors, such as the company's financial performance and market conditions, before making investment decisions.