ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - IT0003411417 - Common Stock
8.64 EUR
-0.08 (-0.92%)
Overall IEG gets a technical rating of 8 out of 10. Both in the recent history as in the last year, IEG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: IEG has an average volume of 5739 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IEG did better than 73% of all other stocks.
IEG is one of the better performing stocks in the Media industry, it outperforms 80% of 62 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 8.06 - 9.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, IEG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.58, a Stop Loss order could be placed below this zone.
More info and screens
7.44
9.58
5 important support areas can be observed.
- A support zone ranging from 8.46 to 8.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.30 from a horizontal line in the daily time frame.
- 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 @8.02 from a trend line in the weekly time frame.
- Support @7.52 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.64 to 8.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 8.88 to 8.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for IEG.MI is up. |
| ChartMill Relative Strength | 73.09 | POSITIVE | IEG.MI has a high relative strength, it outperformed 73.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IEG.MI is above the rising 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) | 50.53 | NEUTRAL | The RSI value for IEG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IEG.MI has a positive trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for IEG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for IEG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.65 | 8.45 | 0.20 (2.31%) | 25.00% |
| An entry @8.65. This is a Buy Stop order right above the resistance zone. | An exit @8.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 2.31%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IEG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:IEG (9/1/2025, 3:48:31 PM)
8.64
-0.08 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.92%
1 Week-0.35%
2 Weeks5.37%
1 Month0.23%
3 Month-7.99%
6 Month18.19%
12 Month41.18%
2 Year208.57%
3 Year305.63%
5 Year223.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.26%
ATR Inc-33.13%
Range Today0
ADR(20)0.23
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.09
Mansfield0.67
10 Day High8.96
10 Day Low8.2
20 Day High9.02
20 Day Low8.06
52 Week High9.7
52 Week Low5.5
CS1 End8.58
CR1 Start8.64
Volume & EV
DER(3)0%
DER(5)0%
Volume68
Volume Incr-40.34%
Vol(5)2.66K
Vol(50)5.74K