ITALGAS SPA (IG.MI) Stock Technical Analysis
Europe - BIT:IG - IT0005211237 - Common Stock
We assign a technical rating of 10 out of 10 to IG. Both in the recent history as in the last year, IG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although IG has an excellent technical rating, it 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
7.63
3 important support areas can be observed.
- A support zone ranging from 9.19 to 9.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.01 from a trend line in the weekly time frame.
- Support @7.71 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for IG.MI is up. |
| ChartMill Relative Strength | 92.61 | POSITIVE | IG.MI has a high relative strength, it outperformed 92.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IG.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IG.MI is above the rising 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) | 82.09 | OVERBOUGHT | The high RSI value suggests IG.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.56 | OVERBOUGHT | The high Stochastics value suggests IG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for IG.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 65.86 | POSITIVE | The high ADX value value for IG.MI suggests a strong trend. |
BIT:IG (11/11/2025, 1:22:47 PM)
9.423
+0.05 (+0.57%)
ITALGAS SPA / IG.MI FAQ
Can you provide the ChartMill technical rating for ITALGAS SPA?
ChartMill assigns a technical rating of 10 / 10 to IG.MI.
What is the current trend direction of ITALGAS SPA (IG.MI) stock?
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 82.0886. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ITALGAS SPA?
The short term momentum for ITALGAS SPA (IG.MI) is positive.
Can you provide the buy/sell signal for ITALGAS SPA?
The buy/sell signal for ITALGAS SPA (IG.MI) is buy as both the short term and long term trends are positive.