IVANHOE ELECTRIC INC / US (IE) Technical Analysis
NYSEARCA:IE • US46578C1080
Current stock price
IE Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to IE. Although IE is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, we notice that IE is one of the better performing stocks in the market, outperforming 92% of all stocks.
- IE has an average volume of 2203690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IE is an average performer in the Metals & Mining industry, it outperforms 62% of 158 stocks in the same industry.
- IE 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 IE is lagging the market slightly.
- In the last month IE has a been trading in the 10.62 - 14.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IE Weekly and Daily overview Charts
IE Setup Rating and Analysis
The technical rating of IE is bad and it also does not present a 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
IE Support and Resistance Analysis
10.65
We found 1 important support area.
- A support zone ranging from 10.76 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.20 to 12.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.83 to 13.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IE 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 | DOWN | NEGATIVE | The long term trend for IE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IE is down. |
| ChartMill Relative Strength | 92.18 | POSITIVE | IE has a high relative strength, it outperformed 92.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.65 | NEUTRAL | The RSI value for IE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests IE has a positive trend. |
| Stochastics (14,3) | 55.88 | NEUTRAL | The Stochastics value for IE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for IE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.41 | POSITIVE | The high ADX value value for IE suggests a strong trend. |
IE Chart- and CandleStick Pattern Analysis
IE Technicals: Chart, Performance Metrics, Trend & Indicators
12.19
-0.02 (-0.16%)
IVANHOE ELECTRIC INC / US / IE TA FAQ
What is the ChartMill technical rating of IVANHOE ELECTRIC INC / US (IE) stock?
ChartMill assigns a technical rating of 3 / 10 to IE.
What is the current trend direction of IVANHOE ELECTRIC INC / US (IE) stock?
The current trend direction for IVANHOE ELECTRIC INC / US (IE) is Bearish.
What is the RSI signal for IE stock?
IVANHOE ELECTRIC INC / US (IE) has an RSI value of 43.6467. This indicates that the stock is currently neutral.
What is the MACD signal for IVANHOE ELECTRIC INC / US (IE) stock?
The MACD indicator for IVANHOE ELECTRIC INC / US (IE) has a value of 0.208064, indicating a bearish trend.
Can you provide the buy/sell signal for IVANHOE ELECTRIC INC / US?
The buy/sell signal for IVANHOE ELECTRIC INC / US (IE) is sell as both the short term and long term trends are negative.