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IEX closed the previous week on a negative note losing 4.28%.Technically, IEX share price will see immediate support at 125.90 and immediate resistance would be seen at 131.55.
If IEX share price closes below immediate support of 125.90, then sharp breakdown can be seen. IEX share price will see major support at 123.30 for the week.
On the positive side, immediate resistance will be seen at 131.55. Closing above 131.55, IEX share price will see a sharp breakout. Major resistance for IEX share price will be seen at 134.60 for the week.
Trading range for IEX share price for this week should be between 120.25 on down side and 137.20 on up side.
IEX Previous Week High: 132
IEX Previous Week Low: 126.35
IEX Previous Week Range: 5.65 Points
IEX share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 137.20 |
| Resistance 2 | 134.60 |
| Resistance 1 | 131.55 |
| Support 1 | 125.90 |
| Support 2 | 123.30 |
| Support 3 | 120.25 |
