Is IDEX Stock Headed To $115 Amid Rising Downside Risk?

Since April 2024, IDEX Corporation (NYSE: IEX) has been in steady decline, sliding from the $244 region to the current $165 levels. While such a move may appear to be a routine correction, under the lens of the Adhishthana Framework, the structure suggests something deeper: IDEX may already be traversing the descent leg of its Himalayan Formation, a phase that could ultimately drag the stock back toward the $110–115 zone.

Read the full article on Benzinga for deeper insights into the Adhishthana Cycle, the stock’s recent trajectory, and expert commentary.