0.291 USD
+0.01 (+3.41%)
0.282 USD
-0.01 (-3.09%)
We assign a technical rating of 0 out of 10 to IGC. IGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than IGC.
IGC is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 62% are performing better than IGC.
IGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IGC has a been trading in the 0.28 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
IGC has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.29
0.43
We can see 6 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.36 from a trend line in the daily time frame.
- Resistance @0.38 from a trend line in the weekly time frame.
- Resistance @0.40 from a trend line in the weekly 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 | 14.95 | NEGATIVE | IGC has a low relative strength, it was outperformed by 85.05% 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) | DOWN | NEGATIVE | The current price of IGC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.45 | NEUTRAL | The RSI value for IGC is a neutral value. |
| 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) | 10.92 | OVERSOLD | The low Stochastics value suggests IGC may be oversold. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for IGC suggests high volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for IGC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.291
+0.01 (+3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.41%
1 Week-4.02%
2 Weeks-11.42%
1 Month-3.64%
3 Month-28.27%
6 Month-3.8%
12 Month-18.49%
2 Year0.34%
3 Year-27.25%
5 Year-81.7%
10 Year81.88%
15 Year-96.27%
Volatility
ATR(14)0.02
ATR(20)%8.07%
ATR Inc-53.57%
Range Today0.01
ADR(20)0.02
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.95
3 months CRS12.17
6 months CRS29.72
Mansfield-2.16
10 Day High0.35
10 Day Low0.28
20 Day High0.36
20 Day Low0.28
52 Week High0.5
52 Week Low0.25
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)-1.35%
DER(5)-2.4%
Volume403.50K
Volume Incr-49.14%
Vol(5)477.70K
Vol(50)833.44K
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 current trend direction of IGC PHARMA INC (IGC) stock?
The current trend direction for IGC PHARMA INC (IGC) is Bearish.
What is the RSI signal for IGC PHARMA INC (IGC) stock?
IGC PHARMA INC (IGC) has an RSI value of 39.4525. This indicates that the stock is currently neutral.
What is the short term momentum for IGC stock?
The short term momentum for IGC PHARMA INC (IGC) is negative.
What are the support and resistance levels for IGC PHARMA INC (IGC) stock?
IGC PHARMA INC (IGC) has a resistance level at 0.3. Check the full technical report for our detailed analysis of IGC support and resistance levels.