ISHARES BROAD GLOBAL GOVT BO (IGBG.AS) Stock Technical Analysis
AMS:IGBG - Euronext Amsterdam - IE000J8Z5N74 - ETF - Currency: USD
Overall IGBG gets a technical rating of 4 out of 10. IGBG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
IGBG has an average technical rating and the quality of the presented setup is also 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
4.66
2 important support areas can be observed.
- A support zone ranging from 4.94 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.71 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.02 to 5.04. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for IGBG.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGBG.AS is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IGBG.AS has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGBG.AS is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for IGBG.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests IGBG.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.4 | NEUTRAL | The Stochastics value for IGBG.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for IGBG.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for IGBG.AS suggests a weak or negative trend. |
AMS:IGBG (5/29/2025, 7:00:00 PM)
5.006
+0.02 (+0.45%)