TCW CORPORATE BOND ETF (IGCB) Stock Technical Analysis
NYSE:IGCB - New York Stock Exchange, Inc. - US29287L8413 - ETF - Currency: USD
Taking everything into account, IGCB scores 4 out of 10 in our technical rating. In the last year, IGCB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
IGCB has an average technical rating and also the quality of the setup is only medium 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.
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43.87
2 important support areas can be observed.
- A support zone ranging from 45.52 to 45.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.31 to 44.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.94 to 46.32. 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 | UP | POSITIVE | The long term trend for IGCB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGCB is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IGCB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGCB is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.84 | NEUTRAL | The RSI value for IGCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IGCB has a negative trend. |
| Stochastics (14,3) | 76.86 | NEUTRAL | The Stochastics value for IGCB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for IGCB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.27 | NEGATIVE | The low ADX value for IGCB suggests a weak or negative trend. |
NYSE:IGCB (7/24/2025, 8:04:01 PM)
45.9254
-0.08 (-0.18%)