IAMGOLD CORP (IAG) Technical Analysis
NYSE:IAG • CA4509131088
Current stock price
IAG Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to IAG. In the last year, IAG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- When comparing the yearly performance of all stocks, we notice that IAG is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by IAG over the past year are nicely spread over this period.
- IAG is part of the Metals & Mining industry. There are 158 other stocks in this industry. IAG outperforms 87% of them.
- IAG has an average volume of 9274280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- IAG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IAG is lagging the market slightly.
- In the last month IAG has a been trading in the 15.78 - 23.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IAG Weekly and Daily overview Charts
IAG Setup Rating and Analysis
IAG has an average technical rating and it also does not offer a high quality setup 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
IAG Support and Resistance Analysis
15.91
We found 2 important support areas.
- Support @16.48 from a trend line in the daily time frame.
- A support zone ranging from 16.07 to 16.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 18.82 to 18.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IAG Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for IAG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IAG is down. |
| ChartMill Relative Strength | 97.06 | POSITIVE | IAG has a high relative strength, it outperformed 97.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IAG is below 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) | 47.84 | NEUTRAL | The RSI value for IAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IAG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.7 | NEUTRAL | The Stochastics value for IAG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for IAG suggests high volalility. |
| Average Directional Index/ADX (14) | 30.32 | POSITIVE | The high ADX value value for IAG suggests a strong trend. |
IAG Chart- and CandleStick Pattern Analysis
IAG Technicals: Chart, Performance Metrics, Trend & Indicators
18.82
+1.32 (+7.54%)
IAMGOLD CORP / IAG TA FAQ
What is the technical rating for IAG stock?
ChartMill assigns a technical rating of 6 / 10 to IAG.
What is the current trend direction of IAMGOLD CORP (IAG) stock?
The current trend direction for IAMGOLD CORP (IAG) is Bearish.
Can you provide the RSI signal for IAMGOLD CORP?
IAMGOLD CORP (IAG) has an RSI value of 47.8384. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IAMGOLD CORP?
The MACD indicator for IAMGOLD CORP (IAG) has a value of -0.0893187, indicating a bearish trend.
What is the short term momentum for IAG stock?
The short term momentum for IAMGOLD CORP (IAG) is negative.