We assign a technical rating of 10 out of 10 to IE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IE is showing a nice and steady performance.
Although IE 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
10.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.83 to 13.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.23 from a trend line in the daily time frame.
- A support zone ranging from 10.55 to 10.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IE is up. |
| ChartMill Relative Strength | 95.08 | POSITIVE | IE has a high relative strength, it outperformed 95.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.52 | NEUTRAL | The RSI value for IE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests IE has a positive trend. |
| Stochastics (14,3) | 88.53 | OVERBOUGHT | The high Stochastics value suggests IE may be overbought. |
| Average True Range in percent/ATR (20) | 7.06 | HIGH VOLATILITY | The high ATR as a percentage value for IE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.75 | NEGATIVE | The low ADX value for IE suggests a weak or negative trend. |
14.91
-0.37 (-2.42%)
IVANHOE ELECTRIC INC / US / IE FAQ
What is the ChartMill technical rating of IVANHOE ELECTRIC INC / US (IE) stock?
ChartMill assigns a technical rating of 10 / 10 to IE.
What is the trend direction for IE stock?
The current trend direction for IVANHOE ELECTRIC INC / US (IE) is Bullish.
Can you provide the RSI signal for IVANHOE ELECTRIC INC / US?
IVANHOE ELECTRIC INC / US (IE) has an RSI value of 58.5236. This indicates that the stock is currently neutral.
What is the short term momentum for IVANHOE ELECTRIC INC / US (IE) stock?
The short term momentum for IVANHOE ELECTRIC INC / US (IE) is positive.
What is the buy/sell signal for IE stock?
The buy/sell signal for IVANHOE ELECTRIC INC / US (IE) is buy as both the short term and long term trends are positive.