ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR
We assign a technical rating of 4 out of 10 to IEG. In the last year, IEG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month IEG has a been trading in the 8.02 - 9.30 range, which is quite wide. It is currently trading near the lows of this range.
Warning: IEG has an average volume of 6605 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IEG is part of the Media industry. There are 63 other stocks in this industry. IEG outperforms 74% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, IEG turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
IEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IEG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, IEG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.15, a Stop Loss order could be placed below this zone.
More info and screens
7.36
8.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.15 to 8.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.82 from a trend line in the weekly time frame.
- Support @7.43 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.62 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.89 from a horizontal 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 IEG.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IEG.MI is down. |
| ChartMill Relative Strength | 68.03 | NEUTRAL | IEG.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IEG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IEG.MI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IEG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.01 | NEUTRAL | The RSI value for IEG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests IEG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for IEG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for IEG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for IEG.MI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BIT:IEG (8/6/2025, 7:00:00 PM)
8.2
+0.04 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.49%
1 Week-2.15%
2 Weeks-4.87%
1 Month-11.83%
3 Month5.13%
6 Month13.42%
12 Month22.75%
2 Year194.96%
3 Year327.08%
5 Year170.63%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.2%
ATR Inc-16%
Range Today0.42
ADR(20)0.29
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.03
Mansfield0.43
10 Day High9.02
10 Day Low8.06
20 Day High9.3
20 Day Low8.02
52 Week High9.7
52 Week Low5.5
CS1 End8.15
CR1 Start8.62
Volume & EV
DER(3)0%
DER(5)0%
Volume4.35K
Volume Incr-66.43%
Vol(5)2.05K
Vol(50)6.61K