IMMOBILIARE GRANDE DISTRIBUZ (IGD.MI) Stock Technical Analysis
BIT:IGD - Euronext Milan - IT0005322612 - REIT - Currency: EUR
Taking everything into account, IGD scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IGD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IGD is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by IGD over the past year are nicely spread over this period.
IGD is part of the Diversified REITs industry. There are 41 other stocks in this industry. IGD outperforms 92% of them.
IGD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IGD is leading the market.
In the last month IGD has a been trading in the 2.79 - 3.14 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
IGD has an excellent technical rating, but 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.
More info and screens
2.44
3.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.91 to 2.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.82 to 2.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.09 to 3.14. 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 IGD.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGD.MI is up. |
| ChartMill Relative Strength | 93.73 | POSITIVE | IGD.MI has a high relative strength, it outperformed 93.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IGD.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGD.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGD.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.22 | NEUTRAL | The RSI value for IGD.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IGD.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.03 | OVERBOUGHT | The high Stochastics value suggests IGD.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for IGD.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for IGD.MI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.15 | 2.78 | 0.37 (11.90%) | 8.40% |
| An entry @3.15. This is a Buy Stop order right above the resistance zone. | An exit @2.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.37 points, which is 11.90%. | For a 1.00% total portfolio risk, you can invest 8.40% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:IGD (6/6/2025, 2:54:45 PM)
3.085
+0 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.16%
1 Week1.15%
2 Weeks8.07%
1 Month-0.16%
3 Month22.22%
6 Month17.33%
12 Month56.66%
2 Year26.75%
3 Year-13.24%
5 Year-12.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%2.61%
ATR Inc-24.06%
Range Today0.05
ADR(20)0.08
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.73
Mansfield1.84
10 Day High3.14
10 Day Low2.79
20 Day High3.14
20 Day Low2.79
52 Week High3.14
52 Week Low1.7
CS1 End2.98
CR1 Start3.09
Volume & EV
DER(3)-0.26%
DER(5)0.41%
Volume11.50K
Volume Incr-56.42%
Vol(5)99.82K
Vol(50)224.67K