IEX Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

IEX closed the previous week on a negative note losing 5.18%

Technically, IEX share price will see immediate support at 119.23 and immediate resistance would be seen at 125.73

If IEX share price closes below immediate support of 119.23, then sharp breakdown can be seen. IEX share price will see major support at 115.87 for the week.

On the positive side, immediate resistance will be seen at 125.73. Closing above 125.73, IEX share price will see a sharp breakout. Major resistance for IEX share price will be seen at 128.87 for the week.

Trading range for IEX share price for this week should be between 112.73 on down side and 132.23 on up side.

IEX Previous Week High: 125.5

IEX Previous Week Low: 119

IEX Previous Week Range: 6.5 Points

IEX share price support and resistance for the week (July 31, 2023 – August 04, 2023)