IAMGOLD CORP (IAG)

CA4509131088 - Common Stock

3.675  +0.03 (+0.96%)

Technical Rating and Analysis

9

Taking everything into account, IAG scores 9 out of 10 in our technical rating. 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.

Both the short term and long term trends are positive. This is a very positive sign.
IAG is part of the Metals & Mining industry. There are 155 other stocks in this industry. IAG outperforms 88% of them.
IAG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IAG is performing more or less in line with the market.
IAG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
IAG has an average volume of 9668620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, IAG did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Weekly and Daily overview Charts
IAG Weekly chart
IAG Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, IAG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 3.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.11

3.71

We found 6 important support areas.

  • A support zone ranging from 3.48 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 2.57 to 2.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.48 from a trend line in the weekly time frame.
  • Support @2.36 from a horizontal line in the daily time frame.
  • Support @2.29 from a trend line in the daily time frame.
  • Support @2.13 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.42
Mansfield2.57
10 Day High3.92
10 Day Low3.48
20 Day High3.92
20 Day Low2.94
52 Week High3.92
52 Week Low1.99
Performance
1 Week-3.19%
2 Weeks1.11%
1 Month18.18%
3 Month56.9%
6 Month51.04%
12 Month27.27%
2 Year29.08%
3 Year16.29%
5 Year20.13%
10 Year4.3%
15 Year-54.44%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)61.85
LBB3.53
UBB3.74
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
3.933.470.46 (11.83%)8.45%
An entry @3.93. This is a Buy Stop order right above the 10 day high.An exit @3.47. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.46 points, which is 11.83%.When investing 8.45% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IAG Daily chart

IAMGOLD CORP

NYSE:IAG (4/19/2024, 1:25:10 PM)

3.675

+0.03 (+0.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.96%
1 Week-3.19%
2 Weeks1.11%
1 Month18.18%
3 Month56.9%
6 Month51.04%
12 Month27.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.2
ATR(20)%5%
ATR Inc
Range Today0.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.92
10 Day Low3.48
20 Day High3.92
20 Day Low2.94
52 Week High3.92
52 Week Low1.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.99M
Volume Incr66.15%
Vol(5)15.80M
Vol(50)9.67M