ITALGAS SPA (IG.MI) Technical Analysis
BIT:IG • IT0005211237
Current stock price
10.16 EUR
-0.28 (-2.68%)
Last:
IG.MI Technical Rating and Analysis
Overall IG gets a technical rating of 7 out of 10. In the last year, IG was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month IG has a been trading in the 10.01 - 11.30 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, IG did better than 87% of all other stocks. We also observe that the gains produced by IG over the past year are nicely spread over this period.
- IG is part of the Gas Utilities industry. There are 5 other stocks in this industry. IG outperforms 100% of them.
- 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 4855880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
IG.MI Weekly and Daily overview Charts
IG.MI Setup Rating and Analysis
IG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for IG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
IG.MI Support and Resistance Analysis
8.94
11.30
We found 3 important support areas.
- Support @10.15 from a horizontal line in the weekly time frame.
- Support @9.87 from a horizontal line in the daily time frame.
- A support zone ranging from 9.03 to 9.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.18 to 10.42. 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 | NEUTRAL | NEUTRAL | The short term trend for IG.MI is neutral. |
| ChartMill Relative Strength | 87.17 | POSITIVE | IG.MI has a high relative strength, it outperformed 87.17% 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) | 41.33 | NEUTRAL | The RSI value for IG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests IG.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.77 | NEUTRAL | The Stochastics value for IG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for IG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.69 | NEUTRAL | The ADX value for IG.MI suggests a possible start of a new trend. |
IG.MI Chart- and CandleStick Pattern Analysis
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)
IG.MI Example Setup
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 |
|---|---|---|---|
| 10.43 | 10.14 | 0.29 (2.78%) | 25.00% |
| An entry @10.43. This is a Buy Stop order right above the resistance zone. | An exit @10.14. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 2.78%. | For a 0.70% 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 IG. 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.
IG.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:IG (3/18/2026, 7:00:00 PM)
10.16
-0.28 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-2.68%
1 Week-0.88%
2 Weeks-3.15%
1 Month-7.04%
3 Month8.95%
6 Month34.39%
12 Month59.5%
2 Year88.15%
3 Year80.62%
5 Year83.56%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%2.83%
ATR Inc-18.41%
Range Today0.32
ADR(20)0.28
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.17
3 months CRS73.24
6 months CRS87.23
Mansfield1.73
10 Day High10.68
10 Day Low10.01
20 Day High11.3
20 Day Low10.01
52 Week High11.3
52 Week Low6.26
CS1 End10.15
CR1 Start10.18
Volume & EV
DER(3)3.17%
DER(5)1.23%
Volume3.15M
Volume Incr-42.02%
Vol(5)3.65M
Vol(50)4.86M
ITALGAS SPA / IG.MI TA FAQ
Can you provide the ChartMill technical rating for ITALGAS SPA?
ChartMill assigns a technical rating of 7 / 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 41.3282. 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 -0.0693826, indicating a bearish trend.
What is the short term momentum for IG stock?
The short term momentum for ITALGAS SPA (IG.MI) is neutral.