ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR
Taking everything into account, IEG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IEG is showing a nice and steady performance.
Warning: IEG has an average volume of 8307 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 90% of all other stocks. On top of that, IEG also shows a nice and consistent pattern of rising prices.
IEG is part of the Media industry. There are 59 other stocks in this industry. IEG outperforms 82% of them.
IEG is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month IEG has a been trading in the 6.44 - 7.78 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
IEG 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 a resistance zone just above the current price starting at 7.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.39, a Stop Loss order could be placed below this zone.
More info and screens
6.62
7.65
3 important support areas can be observed.
- A support zone ranging from 7.11 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.82 from a trend line in the daily time frame.
- Support @6.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.48 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.45
Mansfield2.19
10 Day High7.56
10 Day Low6.44
20 Day High7.78
20 Day Low6.44
52 Week High7.78
52 Week Low4.6
Performance
1 Week2.75%
2 Weeks-0.27%
1 Month1.08%
3 Month2.19%
6 Month21.04%
12 Month54.55%
2 Year199.2%
3 Year198.01%
5 Year90.82%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.98
LBB6.89
UBB7.74
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 |
|---|---|---|---|
| 7.58 | 7.10 | 0.48 (6.33%) | 15.79% |
| An entry @7.58. This is a Buy Stop order right above the resistance zone. | An exit @7.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.48 points, which is 6.33%. | When investing 15.79% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 (4/30/2025, 7:00:00 PM)
7.48
-0.02 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.27%
1 Week2.75%
2 Weeks-0.27%
1 Month1.08%
3 Month2.19%
6 Month21.04%
12 Month54.55%
2 Year199.2%
3 Year198.01%
5 Year90.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.72%
ATR Inc-65.07%
Range Today0.04
ADR(20)0.24
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.45
Mansfield2.19
10 Day High7.56
10 Day Low6.44
20 Day High7.78
20 Day Low6.44
52 Week High7.78
52 Week Low4.6
CS1 End7.39
CR1 Start7.48
Volume & EV
DER(3)0%
DER(5)0.24%
Volume3.46K
Volume Incr-48.02%
Vol(5)3.82K
Vol(50)8.31K