PURPOSE GLOBAL BOND CLASS (IGB.CA) Stock Technical Analysis
Canada - TSX:IGB - CA74642H1010 - ETF
Taking everything into account, IGB scores 0 out of 10 in our technical rating. IGB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, IGB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.41, a Stop Loss order could be placed below this zone.
More info and screens
17.39
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.89 to 18.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.44 to 18.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IGB.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGB.CA is down. |
| ChartMill Relative Strength | 23.78 | NEGATIVE | IGB.CA has a low relative strength, it was outperformed by 76.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGB.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGB.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.48 | NEUTRAL | The RSI value for IGB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IGB.CA has a negative trend. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests IGB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for IGB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for IGB.CA suggests a weak or negative trend. |
TSX:IGB (11/14/2025, 7:00:00 PM)
18.42
-0.03 (-0.19%)
PURPOSE GLOBAL BOND CLASS / IGB.CA FAQ
What is the technical rating for IGB stock?
ChartMill assigns a technical rating of 0 / 10 to IGB.CA.
What is the trend direction for IGB stock?
The current trend direction for PURPOSE GLOBAL BOND CLASS (IGB.CA) is Bearish.
What is the RSI signal for IGB stock?
PURPOSE GLOBAL BOND CLASS (IGB.CA) has an RSI value of 35.4823. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PURPOSE GLOBAL BOND CLASS?
The MACD indicator for PURPOSE GLOBAL BOND CLASS (IGB.CA) has a value of -0.00391473, indicating a bearish trend.
What is the short term momentum for PURPOSE GLOBAL BOND CLASS (IGB.CA) stock?
The short term momentum for PURPOSE GLOBAL BOND CLASS (IGB.CA) is negative.