ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR
Overall IEG gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: IEG has an average volume of 8144 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that IEG is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, IEG also shows a nice and consistent pattern of rising prices.
IEG is one of the better performing stocks in the Media industry, it outperforms 90% of 66 stocks in the same industry.
IEG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IEG is lagging the market slightly.
In the last month IEG has a been trading in the 8.02 - 9.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IEG has an excellent technical rating, but the quality of the setup is only medium 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
7.24
9.58
We found 4 important support areas.
- A support zone ranging from 8.50 to 8.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.18 to 8.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.67 from a trend line in the weekly time frame.
- Support @7.31 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.45 to 9.49. 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 IEG.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IEG.MI is neutral. |
| ChartMill Relative Strength | 94.19 | POSITIVE | IEG.MI has a high relative strength, it outperformed 94.19% off all stocks 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 | POSITIVE | The current price of IEG.MI is above 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) | 51.53 | NEUTRAL | The RSI value for IEG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IEG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.13 | NEUTRAL | The Stochastics value for IEG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for IEG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.02 | POSITIVE | The high ADX value value for IEG.MI suggests a strong 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 (7/14/2025, 7:00:00 PM)
8.88
+0.26 (+3.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.02%
1 Week2.54%
2 Weeks-1.55%
1 Month-6.13%
3 Month21.98%
6 Month40.06%
12 Month76.19%
2 Year255.2%
3 Year260.98%
5 Year200%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%3.24%
ATR Inc20.91%
Range Today0.6
ADR(20)0.23
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.19
Mansfield1.52
10 Day High9.3
10 Day Low8.02
20 Day High9.56
20 Day Low8.02
52 Week High9.7
52 Week Low5.04
CS1 End8.76
CR1 Start9.45
Volume & EV
DER(3)0%
DER(5)0.18%
Volume6.40K
Volume Incr87.58%
Vol(5)7.35K
Vol(50)8.14K