Uptrend Under Pressure 100
Institutional selling is building — 7 distribution days in the last 25 sessions. Severe risk · 100/100 · 7 distribution days (SPY) Oct 26 Full briefing →
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IEX · IDEX Corporation

$231.06 +0.88% Oct 26 close
Detected setup Basing · Setup Score 55/100

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

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$IEX

IDEX Corporation

IDEX Corporation is a large-cap Industrial Machinery company in the Producer Manufacturing sector with a market cap of $17B.

Producer Manufacturing Industrial Machinery stock Stage 2 · Advancing Base 2
$231.06 latest close
Market Structure
Trend structure: uptrend
Latest event: bos (bullish)
Support 203.45–204.39 · 4 touches · moderate
Support 227.37–229.24 · 4 touches · moderate
Support 182.99–183.12 · 3 touches · moderate
Support 212.00–213.08 · 3 touches · moderate
Support 217.15–218.46 · 3 touches · moderate
Momentum Turn Watch
Bollinger Squeeze Bollinger band width (5.5%) is in the bottom quartile of its last 120 sessions — Legend's width-percentile squeeze (not a TTM/Keltner squeeze), so volatility is compressed and a sharper move often follows.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
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Verdict · setup score 55/100 · data Oct 26 close · latest session

Stand aside — setup invalidated

Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$220$230$240AugSepOct$231

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 2. Quarterly EPS growth ≥ 25% — -4.8% QoQ
  • Minervini 2. ROE ≥ 17% — ROE 12.6%
  • O'Neil C: Quarterly EPS acceleration ≥ 25% — -4.8% QoQ
  • O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 70
  • Weinstein Volume expansion above average — Volume ratio 1.06x
  • Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
  • Minervini: watch Trend-template read: 9/13 pass; wait for the soft misses to improve.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
66 Strong
Legend Score · rates the stock Strong (66/100) — held back by eps growth

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 70
  • Trend Template (25%) 100
  • Institutional Footprint (20%) 63
  • EPS Growth (15%) 30
  • Quality (SMR-like) (15%) 44

RS rank 70: above-average strength. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 63: mild accumulation. EPS -0% last quarter — no earnings momentum. Quality 44: weak fundamentals (sales growth 30, return on equity 40, leverage 100). Updated 2026-10-27.

Earnings

Pre-earnings setup

Next earnings Tuesday, October 27, 2026 Report time not confirmed by the source

Deterministic evidence

IEX+0.88%
Broad market · SPY+0.71%
Same completed session window ending 2026-10-26. +0.17 points vs SPY.
CatalystPending Stock reactionPositive Sector reactionUnavailable Opening surgePending Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close+0.88% From the open+0.21% Range position28% GapNo gap
QQQ confirmationConfirming (+1.11%) SMH confirmationConfirming (+2.74%)
Short-term conviction -1 points.
  • A sourced earnings report is still pending inside the risk window; ordinary technical conviction is reduced until it is out.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $231.06 +0.9% Oct 26 close
52W High $243.80 5.2% below high
Wks Since High 12w
Base Depth 10.0%
RS Rank 35 percentile of scan
SMA 50 $230.08
Avg Vol 620,563
Rel Vol (Oct 26) 1.06× 1.29× on up days
More stats
52W Low $160.60
Tight Wks 1
Base B2
SMA 200 $215.24
RS Line vs High -4.2%
RS Line Slope +0.1% ▲
Group Rank #31/66
ADR% 2.1%
ATR(14) $5.12 (2.2%)
Vol Pace (live) N/A
A/D Days 18A / 13D
A/D Rating A+
VDU Bars 0/10 d
Earnings TODAY
Position in 52-week range 85thpercentile of the 52-week range
$160.60low
$243.80high

IEX Chart

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Technical Analysis Report Card

$IEX · $231.06 · as of 2026-10-26 · multi-factor read
75
/ 100
Technicals 75/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating
Weekly ▲ Uptrend
Monthly ▲ Uptrend

Moving Averages

50-day$230.08 ↑
100-day$227.92 ↑
200-day$215.24 ↑
Bullish (50 > 200)

RSI (14)

Reading48.8 · Neutral

Neutral — momentum is balanced between buyers and sellers.

MACD (12/26/9)

StateWeakening
Histogram-0.816

Weakening — MACD slipped below its signal line. Histogram expanding.

Bollinger Bands (20,2)

%B / Width33% · 5.5%
Squeeze — volatility compressing

Mid-band — no directional band edge in play. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.

Volume · Buyer vs Seller

Up/Down vol1.29 · Neutral
Rel volume1.06×
Pocket pivots · 10d1
5d vs 50d vol123%
Heavy vol up / down0 / 1

Balanced — up/down volume is roughly even; no clear hand. Recent volume is expanding versus its baseline.

  • Pocket pivot 9 sessions ago — up-day volume beat every down day of the prior 10 sessions.
  • 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $242.7152-week high
Price · $231.06now
S · $225.65swing level
S · $218.94swing level
S · $214.30swing level

Fibonacci · Uptrend swing

23.6% ◄ price here$234.28
38.2% ◄ price here$228.39
50.0%$223.62
61.8%$218.86
78.6%$212.08

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.
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Weekly uptrendMonthly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice? Ask a Legend about IEX
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Watch C Trend-template read: 9/13 pass; wait for the soft misses to improve.

partialEnter on break of $231.06 pivot with stop at $218.33 (risk 5.5%). SEPA Grade C (3/7).

Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $231.06, MA150 $220.33, MA200 $215.24
1.2 150-day MA > 200-day MAMA150 $220.33 vs MA200 $215.24
Failing evidence
2. Quarterly EPS growth ≥ 25%-4.8% QoQ
2. ROE ≥ 17%ROE 12.6%
9/13 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

partialRule check says AVOID (2/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence
N: Near 52-week high or RS line new high5.2% below high | RS line new high: False
S: Base tightness (ATR% ≤ 4.5%)ATR% 2.21%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-4.8% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 70
2/8 checks
Method → Playbook → Ask →
Weinstein Watch C Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.

mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $231.06 vs MA200 $215.24
Failing evidence
Volume expansion above averageVolume ratio 1.06x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
5/7 checks
Method → Playbook → Ask →
dennis Watch C Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $223.06
Volatility-unit sizing (1N ≈ 1% of equity)1N = $5.05 (2.19% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $265.72-$277.27; trail the rest
Failing evidence
Named Zanger pattern onlyBasing is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
4/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 70 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.17 (1995 adv / 1699 dec) — participation expanding
Failing evidence
EPS growth above the market (≥15% QoQ)-4.8% QoQ — Zweig wants growth above the S&P average
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 36.0x — no PEG or forward P/E stored
3/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$231.06
Relative strengthRS 70
Failing evidence
Volume vs average1.06x
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but volume vs average is unresolved.

mediumBuilding the top of the box (5.2% from 52W high) — watch for a box breakout with volume expansion.

Passing evidence
Price$231.06
Relative strengthRS 70
Failing evidence
Volume vs average1.06x
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$231.06
Relative strengthRS 70
Failing evidence
Volume vs average1.06x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Latest candle: Shooting Star — Long upper shadow with a small body near the low — sellers rejected higher prices. A caution flag when price is extended above a pivot.

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
123RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +0 A+
A: 16 D: 16 Net: +065 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C 3/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ -5%
✗ Revenue growth ≥20% YoY +6%
✓ Gross margin ≥30% 44%
✗ ROE ≥17% 13%
✗ RS rating ≥80 (leadership) 70
✓ Stage 2 uptrend (Weinstein) Stage 2
✓ Within 25% of 52W high -5.2%

Method Playbook

Trade it like Weinstein EXACT LEVELS · PRO
Weinstein C · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis

Basing ⚠ Not actionable yet
55 setup score
RS Score 70
Trend template 7/8
CANSLIM 65.3* (B)
base type: Flat Base depth: 0.096 duration weeks: 12.0 tightness: 0.0235 near pivot: ✓ base volume ratio: 1.263 validation reason: valid basing setup multi tf evaluated: ✓ multi tf reason: weekly trend template 6/8 confirmed + no fresh 13-week low
Why This Setup? D+W Confluence
Basing · schematic

Flat Base: depth=9.6%, 12w, tightness=0.023, near_pivot=yes | Strong trend (8/8) | Good RS (70) | Moderate pattern (65%) | Stage 2 | Readiness 59/100 (early) | CANSLIM 65.3 (B) | ⚠ Not actionable yet

Ask a Legend ▾
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

4/7 universals met
  • A relative-strength leader — not met RS rank 35 — laggard
  • Clear of earnings — not met in 0 days — event risk
  • Volume confirms — partly met 1.1× average — light
  • Asymmetric reward — met Met — levels are a Pro detail
  • In a confirmed uptrend — met Stage 2 · Trend template 7/8
  • Not chasing (in range) — met Met — levels are a Pro detail
  • Risk is defined — met Met — levels are a Pro detail
Why these seven? → The Universal Edge

Minervini Trend Template

7/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $231.06 vs SMA150 $220.33 / SMA200 $215.24
SMA 150 above SMA 200 SMA150 $220.33 vs SMA200 $215.24
SMA 200 trending up Slope +5.37 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $230.08
Price above SMA 50 $231.06 vs SMA50 $230.08
30%+ above 52-week low +43.9% from $160.60
Within 25% of 52-week high -5.2% from $243.80
RS score above 70 RS 70

Fundamentals

52W Range
85%
Mkt Cap SEC
17.0B
EPS QoQ
-5%
Rev YoY
+6%
ROE
13%
Gross Margin
44%
D/E
0.45
EPS TTM
$6.41
P/E TTM
36.0x
Float
74M
Insider
No Buy

Company

Company profile
IDEX Corporation
IEX · NYSE · Producer Manufacturing · Industrial Machinery
Track all markets on TradingView
O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B 65.3* CANSLIM * disqualified on C, M
C · Curr. EPS
48
A · Annual EPS
67
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
70
I · Inst. Spons.
50
M · Market
30

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
6/8
W. RS
63
W. Support
$203.45
W. Resist
$243.80
W. Patterns
Cup & Handle
Weekly Structure

Scan History

10× streak
Oct 21: 89 (Ascending Triangle)Oct 21: 89 (Ascending Triangle)Oct 22: 91 (Ascending Triangle)Oct 26: 55 (Basing)Oct 27: 55 (Basing)55
Oct 27
Basing ✓ Gate
55
Oct 26
Basing
55 0.0%
Oct 22
Ascending Triangle ✓ Gate
91 +1.8%
Oct 21
Ascending Triangle ✓ Gate
89 -1.9%
Oct 21
Ascending Triangle ✓ Gate
89 -1.9%

Latest News

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