Ingersoll Rand's 15-minute chart has recently triggered a MACD Death Cross, accompanied by Bollinger Bands Narrowing on October 17, 2025, at 15:00. This technical indicator suggests that the stock price has the potential to continue its downward trajectory, with a decreasing magnitude of price fluctuations.
Ingersoll Rand Inc. (IR) experienced a notable technical indicator event on October 17, 2025, at 15:00, with its 15-minute chart triggering a MACD Death Cross. This was accompanied by Bollinger Bands narrowing, suggesting a potential continuation of the stock's downward trajectory with decreasing price volatility, as noted in a
.
The MACD Death Cross, a technical indicator that compares a moving average of the MACD line with a signal line, often signals a bearish trend. Bollinger Bands narrowing indicates a contraction in price volatility, which can precede a significant move in either direction. In this context, the narrowing bands suggest that the price fluctuations may decrease, but the MACD Death Cross signals a potential downward trend, a point also discussed in a
.
Ingersoll Rand's recent earnings and guidance have shown mixed results. The company reported a strong Q2 with revenue growth and raised its fiscal 2025 guidance. However, concerns about profitability and margin pressure persist, influencing market sentiment, as highlighted in the Simply Wall St article. Despite the strong quarter, investors remain cautious, and the stock has underperformed both the S&P 500 Index and the Industrial Select Sector SPDR Fund over the past 52 weeks, according to the Barchart preview.
Analysts remain bullish on the stock, with a "Moderate Buy" rating overall. Out of 15 analysts covering the stock, seven advise a "Strong Buy" rating, and eight give a "Hold." The average analyst price target is $91.92, indicating a potential upside of 19% from current levels, as reported in the Barchart preview.
Given the technical indicators and recent market performance, investors should closely monitor Ingersoll Rand's earnings report scheduled for October 30, 2025. The report is expected to show a profit of $0.83 per share on a diluted basis, up 2.5% from $0.81 per share in the year-ago quarter, per the Barchart preview.
Comments
No comments yet