VOYA GLBL EQTY DVD & PRM OPP (IGD) Stock Technical Analysis
NYSE:IGD • US92912T1007
Overall IGD gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IGD is only an average performer.
- The long and short term trends are both positive. This is looking good!
- IGD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the performance of all stocks over the past year, IGD turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- In the last month IGD has a been trading in a tight range between 5.73 and 5.99.
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
5.19
3 important support areas can be observed.
- A support zone ranging from 5.61 to 5.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.49 from a trend line in the weekly time frame.
- Support @5.24 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.99 to 6.02. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGD is up. |
| ChartMill Relative Strength | 52.4 | NEUTRAL | IGD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.91 | NEUTRAL | The RSI value for IGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IGD has a positive trend. |
| Stochastics (14,3) | 93.48 | OVERBOUGHT | The high Stochastics value suggests IGD may be overbought. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for IGD suggests low volalility. |
| Average Directional Index/ADX (14) | 13.99 | NEGATIVE | The low ADX value for IGD suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 6.03 | 5.79 | 0.24 (3.98%) | 25.00% |
| An entry @6.03. This is a Buy Stop order right above the resistance zone. | An exit @5.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 3.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
5.98
+0.02 (+0.34%)
VOYA GLBL EQTY DVD & PRM OPP / IGD FAQ
What is the ChartMill technical rating of VOYA GLBL EQTY DVD & PRM OPP (IGD) stock?
ChartMill assigns a technical rating of 7 / 10 to IGD.
What is the trend direction for IGD stock?
The current trend direction for VOYA GLBL EQTY DVD & PRM OPP (IGD) is Bullish.
What is the RSI signal for IGD stock?
VOYA GLBL EQTY DVD & PRM OPP (IGD) has an RSI value of 64.9091. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for VOYA GLBL EQTY DVD & PRM OPP?
The buy/sell signal for VOYA GLBL EQTY DVD & PRM OPP (IGD) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for VOYA GLBL EQTY DVD & PRM OPP?
VOYA GLBL EQTY DVD & PRM OPP (IGD) has a support level at 5.9 and a resistance level at 5.99. Check the full technical report for our detailed analysis of IGD support and resistance levels.