Taking everything into account, IGC scores 0 out of 10 in our technical rating. IGC'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.
The technical rating of IGC is bad and it also does not present a 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
0.27
When analyzing the support we notice one important area.
- Support @0.27 from a horizontal line in the weekly time frame.
We can see 7 important resistance areas.
- Resistance @0.31 from a trend line in the daily time frame.
- A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.39 from a trend line in the daily time frame.
- Resistance @0.40 from a trend line in the weekly time frame.
- Resistance @0.41 from a trend line in the weekly time frame.
- Resistance @0.42 from a horizontal line in the daily time frame.
- Resistance @0.43 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for IGC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGC is down. |
| ChartMill Relative Strength | 15.22 | NEGATIVE | IGC has a low relative strength, it was outperformed by 84.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IGC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.51 | OVERSOLD | The low RSI value suggests IGC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.32 | OVERSOLD | The low Stochastics value suggests IGC may be oversold. |
| Average True Range in percent/ATR (20) | 7.61 | HIGH VOLATILITY | The high ATR as a percentage value for IGC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.18 | NEGATIVE | The low ADX value for IGC suggests a weak or negative trend. |
NYSEARCA:IGC (12/2/2025, 1:08:45 PM)
0.3125
0 (-0.79%)
IGC PHARMA INC / IGC FAQ
What is the technical rating for IGC stock?
ChartMill assigns a technical rating of 0 / 10 to IGC.
What is the trend direction for IGC stock?
The current trend direction for IGC PHARMA INC (IGC) is Bearish.
Can you provide the RSI signal for IGC PHARMA INC?
IGC PHARMA INC (IGC) has an RSI value of 29.5142. This indicates that the stock is currently oversold.
What is the MACD signal for IGC PHARMA INC (IGC) stock?
The MACD indicator for IGC PHARMA INC (IGC) has a value of -0.00232764, indicating a bearish trend.
Can you provide the support and resistance levels for IGC PHARMA INC?
IGC PHARMA INC (IGC) has a support level at 0.31 and a resistance level at 0.33. Check the full technical report for our detailed analysis of IGC support and resistance levels.