IAMGOLD CORP (IAG) Stock Technical Analysis
USA - NYSE:IAG - CA4509131088 - Common Stock
13.72 USD
+0.44 (+3.31%)
13.65 USD
-0.07 (-0.51%)
We assign a technical rating of 10 out of 10 to IAG. Both in the recent history as in the last year, IAG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IAG did better than 97% of all other stocks. On top of that, IAG also shows a nice and consistent pattern of rising prices.
IAG is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 156 stocks in the same industry.
A new 52 week high is currently being made by IAG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IAG has a been trading in the 9.88 - 13.99 range, which is quite wide. It is currently trading near the high of this range.
IAG has an average volume of 14054700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although IAG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.10
13.86
We found 3 important support areas.
- A support zone ranging from 7.51 to 7.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.30 from a trend line in the daily time frame.
- Support @7.17 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IAG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IAG is up. |
| ChartMill Relative Strength | 97.38 | POSITIVE | IAG has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IAG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IAG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IAG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 85.96 | OVERBOUGHT | The high RSI value suggests IAG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests IAG has a positive trend. |
| Stochastics (14,3) | 95.67 | OVERBOUGHT | The high Stochastics value suggests IAG may be overbought. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for IAG suggests some volalility. |
| Average Directional Index/ADX (14) | 58.37 | POSITIVE | The high ADX value value for IAG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.72
+0.44 (+3.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.31%
1 Week6.94%
2 Weeks14.62%
1 Month36.11%
3 Month94.61%
6 Month90.03%
12 Month184.06%
2 Year440.16%
3 Year839.73%
5 Year273.84%
10 Year662.22%
15 Year-24.95%
Volatility
ATR(14)0.5
ATR(20)%3.77%
ATR Inc4.11%
Range Today0.52
ADR(20)0.47
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield7.46
10 Day High13.99
10 Day Low11.6
20 Day High13.99
20 Day Low9.88
52 Week High13.99
52 Week Low4.64
CS1 End7.52
CR1 StartN/A
Volume & EV
DER(3)4.68%
DER(5)4.43%
Volume16.04M
Volume Incr9.65%
Vol(5)17.40M
Vol(50)14.05M