ITALGAS SPA (IG.MI) Technical Analysis
BIT:IG • IT0005211237
Current stock price
IG.MI Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to IG. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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.
- 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 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 5101000 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.
- Considerably lower volume is observed in the last couple of days.
IG.MI Weekly and Daily overview Charts
IG.MI Setup Rating and Analysis
Although IG has an excellent technical rating, the quality of the presented setup is not ideal 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
8.94
2 important support areas can be observed.
- A support zone ranging from 10.19 to 10.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- 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 | 87.76 | POSITIVE | IG.MI has a high relative strength, it outperformed 87.76% 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) | 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) | 44.4 | 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) | 15.57 | OVERSOLD | The low Stochastics value suggests IG.MI may be oversold. |
| 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) | 26.68 | 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 (3/17/2026, 5:36:15 PM)
10.44
+0.13 (+1.26%)
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 44.3991. 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 -0.0923111, indicating a bearish trend.
What is the short term momentum for IG stock?
The short term momentum for ITALGAS SPA (IG.MI) is negative.