IVANHOE ELECTRIC INC / US (IE) Stock Technical Analysis
USA - NYSEARCA:IE - US46578C1080 - Common Stock
We assign a technical rating of 10 out of 10 to IE. Both in the recent history as in the last year, IE has proven to be a steady performer, scoring decent points in every aspect analyzed.
IE has an excellent technical rating and 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.
More info and screens
9.30
When analyzing the support we can see 3 important areas.
- Support @14.00 from a horizontal line in the daily time frame.
- A support zone ranging from 9.72 to 9.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.39 from a trend line in the daily time frame.
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 | 90.82 | POSITIVE | IE has a high relative strength, it outperformed 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IE is below 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) | 54.75 | NEUTRAL | The RSI value for IE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests IE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.3 | OVERSOLD | The low Stochastics value suggests IE may be oversold. |
| Average True Range in percent/ATR (20) | 8.36 | HIGH VOLATILITY | The high ATR as a percentage value for IE suggests high volalility. |
| Average Directional Index/ADX (14) | 38.69 | POSITIVE | The high ADX value value for IE suggests a strong trend. |
14.79
+0.43 (+2.99%)
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 54.7548. 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.