IQVIA Holdings Inc. (IQV)

IQVIA stock forecast: buy or sell

IQVIA stock outlook

  • IQVIA stock sank -2.83% to close at $148.96 on the stock market today, after 6 consecutive sessions in red.
  • The price is currently under the lower Bollinger band, which is usually an indicator of a near-term rebound that you better not try to trade
  • IQVIA Holdings Inc. provides advanced analytics, technology solutions, and contract research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific.
No ad for you

Please read:
The opinions expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not have an understanding of the specific circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are expressed for learning reasons only

IQVIA stock charts overview

Should I buy IQVIA stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is IQV stock a buy?

Currently, IQVIA stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for IQV in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

No ad for you

Should I sell IQVIA stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies help us to avoid impulsive decisions based on our sentiments or the noise surrounding the market. Our trading system selects very simple setups to guide us on when is the best moment to sell a stock. Be aware that these setups should not be used for selling short IQV stock

As a rule of thumb, you should not hold an open trade that yields greater losses than those expected at the time of the buy. The timing to sell shares must always be determined by the stop-loss (automatic or manual)

Is it time to sell IQVIA stock?

In the current situation of IQVIA there is not any eligible sell setup, so IQVIA stock holders with operations in profit can keep their positions

Price lost SMA50 level

IQVIA stock gained 12.51% in a month during the time it was above the 50-day simple moving average. Last Friday, the price broke through the 50-d simple moving average indicating that the previous uptrend might have ended. For medium-term investors who have benefited from the stock while the price was over the average, this flag should be a wake-up call and a reason to sell the shares and cash in on their returns

No ad for you

Analysts' recommendations to buy or sell IQVIA stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the last month we couldn't find any rating for IQVIA

No ad for you

Technical analysis

SMAs overview

Moving averages are indicators for traders to detect momentum. A moving average is the average price of a stock over a set period of time. Moving averages are usually calculated on different periods depending on the trading timeframe 21, 50, 100 and 200 days are the most usual moving averages

Supports and resistances

Investors use support and resistance levels as a way to find price points in the stock price action that may act as obstacles, containing the price of an asset to move in certain direction. A support level is a level where the price may stop as it falls. This means that the price is more likely to "bounce off" this level rather than break through it. Nevertheless, if the price breaks down this level, it will probably continue descending until meeting another support level. On the other hand, a resistance level is where the price may find resistance as it moves up. In the same manner, this means that the price is more likely to "rebound" at this level, and if it finally crosses this level, it will rally more easily until it finds the next resistance

The current resistances are:

  • R1: $150.22 (0.85% above)
  • R2: $150.27 (0.88% above)
  • R3: $154.20 (3.52% above)
  • The current supports are:

  • S1: $147.41 (-1.04% below)
  • S2: $146.52 (-1.64% below)
  • S3: $146.10 (-1.92% below)
  • Bollinger bands

    This is an indicator that was developed in the 1980s by John Bollinger. It is composed of three lines that are drawn superimposed on the price evolution chart:

    • The central band is a moving average, usually a simple moving average calculated with 20 periods
    • The upper band is calculated by adding to the value of the simple moving average 2 times the standard deviation of the moving average
    • The lower band is calculated by subtracting from the simple moving average 2 times the standard deviation of the moving average

    Price readings above or below the Bollinger Bands indicate that the price has has trended strongly to extreme highs or lows. For this case, the price is beneath the upper band, and that should mean a possible near-term bounce (at least) until it is back above the band

    Relative strength index

    The RSI (Relative Strength Index) is an oscillator-type indicator that track price action to identify when the share or financial asset is overbought or oversold. Like other oscillation indicators, the RSI ranges from 0% to 100%. J. Welles Wilder introduced the relative strength indicator in the late 1970s and since then it has been widely used by investors

    The RSI dropped below the overbought level of 70 on September 3 after just crossing to the overbough zone for a single day (weak signal). The RSI reading today was 34.2. Since RSI lost the overbought zone, IQVIA price dropped a 12.25%

    No ad for you

    Earnings and financials

    IQVIA Holdings Inc. (IQV) posted EPS for the fiscal 2nd-quarter that improved analysts' expectations. Quarterly EPS was $1.18 per share vs. $1.06. This Q2 report means an earnings surprise of 11.32%. Forecasted turnover was $2.4 billion but IQVIA slightly improved by 5.04%, reporting $2.5 billion.

    This compares to earnings of $1.53 per share a year ago, so current EPS means a decrease of -22.88%. Looking at turnover, figures fell a -7.99% compared to $2.7B same quarter a year ago.

    IQVIA is releasing earnings report on late next October. Wall Street predicts a per-share earnings of %s of $1.52, compared to previous quarter that was $1.18. If you hold or you are planning to buy IQVIA stock, you must be vigilant as earnings reporting day usually has a very high volatility, and price can jump up or down with exceptionally low liquidity and not respecting your buy/stop-loss orders. You can probably uncover more details about the earnings call and the financial reports on the Investor Relations section of its website: http://www.iqvia.com.

    No ad for you