IVANHOE ELECTRIC INC / US (IE) Technical Analysis
NYSEARCA:IE • US46578C1080
Current stock price
IE Technical Rating and Analysis
Overall IE gets a technical rating of 3 out of 10. 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.
- In the last month IE has a been trading in the 12.08 - 17.23 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that IE is one of the better performing stocks in the market, outperforming 91% of all stocks.
- IE has an average volume of 1937430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- IE is an average performer in the Metals & Mining industry, it outperforms 51% of 157 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.
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
12.22
2 important resistance areas can be observed.
- A resistance zone ranging from 14.03 to 14.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.82 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for IE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IE is down. |
| ChartMill Relative Strength | 91.43 | POSITIVE | IE has a high relative strength, it outperformed 91.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IE is below 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) | 32.22 | NEUTRAL | The RSI value for IE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests IE has a negative trend. |
| Stochastics (14,3) | 17.3 | OVERSOLD | The low Stochastics value suggests IE may be oversold. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for IE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.63 | NEUTRAL | The ADX value for IE suggests a possible start of a new trend. |
IE Chart- and CandleStick Pattern Analysis
IE Technicals: Chart, Performance Metrics, Trend & Indicators
12.34
-0.58 (-4.49%)
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.
Can you provide the RSI signal for IVANHOE ELECTRIC INC / US?
IVANHOE ELECTRIC INC / US (IE) has an RSI value of 32.215. This indicates that the stock is currently neutral.
What is the short term momentum for IE stock?
The short term momentum for IVANHOE ELECTRIC INC / US (IE) is negative.
What are the support and resistance levels for IVANHOE ELECTRIC INC / US (IE) stock?
IVANHOE ELECTRIC INC / US (IE) has a resistance level at 14.03. Check the full technical report for our detailed analysis of IE support and resistance levels.