ITALGAS SPA (IG.MI) Technical Analysis
BIT:IG • IT0005211237
Current stock price
IG.MI Technical Rating and Analysis
Overall IG gets a technical rating of 5 out of 10. In the last year, IG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month IG has a been trading in the 9.44 - 11.30 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that IG is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, IG also shows a nice and consistent pattern of rising prices.
- IG is one of the better performing stocks in the Gas Utilities industry, it outperforms 75% of 5 stocks in the same industry.
- IG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IG is performing more or less in line with the market.
- IG has an average volume of 4521840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
IG.MI Weekly and Daily overview Charts
IG.MI Setup Rating and Analysis
IG has an average technical rating and it also does not offer a high quality setup 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
IG.MI Support and Resistance Analysis
8.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.69 to 9.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.08 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.07 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.19 from a horizontal line in the daily time frame.
IG.MI Technical Indicator Signal Analysis
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 IG.MI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IG.MI is down. |
| ChartMill Relative Strength | 84.8 | POSITIVE | IG.MI has a high relative strength, it outperformed 84.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IG.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IG.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.92 | NEUTRAL | The RSI value for IG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.03 | OVERSOLD | The low Stochastics value suggests IG.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for IG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.82 | POSITIVE | The high ADX value value for IG.MI suggests a strong trend. |
IG.MI Chart- and CandleStick Pattern Analysis
IG.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:IG (3/25/2026, 2:37:13 PM)
9.89
+0.07 (+0.66%)
ITALGAS SPA / IG.MI TA FAQ
Can you provide the ChartMill technical rating for ITALGAS SPA?
ChartMill assigns a technical rating of 5 / 10 to IG.MI.
Can you provide the trend direction for ITALGAS SPA?
The current trend direction for ITALGAS SPA (IG.MI) is Bullish.
What is the RSI signal for ITALGAS SPA (IG.MI) stock?
ITALGAS SPA (IG.MI) has an RSI value of 36.9245. This indicates that the stock is currently neutral.
What is the MACD signal for ITALGAS SPA (IG.MI) stock?
The MACD indicator for ITALGAS SPA (IG.MI) has a value of -0.0917513, indicating a bearish trend.
What is the short term momentum for IG stock?
The short term momentum for ITALGAS SPA (IG.MI) is negative.