VOYA GLBL EQTY DVD & PRM OPP (IGD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IGD - US92912T1007
Overall IGD gets a technical rating of 1 out of 10. IGD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, IGD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.73, a Stop Loss order could be placed below this zone.
More info and screens
5.19
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.64 to 5.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.40 to 5.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @5.24 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.75 to 5.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for IGD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGD is down. |
| ChartMill Relative Strength | 48.88 | NEUTRAL | IGD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IGD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46 | NEUTRAL | The RSI value for IGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IGD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.5 | NEUTRAL | The Stochastics value for IGD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for IGD suggests low volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for IGD suggests a possible start of a new trend. |
5.74
+0.03 (+0.53%)
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 1 / 10 to IGD.
What is the trend direction for IGD stock?
The current trend direction for VOYA GLBL EQTY DVD & PRM OPP (IGD) is Bearish.
What is the RSI signal for IGD stock?
VOYA GLBL EQTY DVD & PRM OPP (IGD) has an RSI value of 45.9967. This indicates that the stock is currently neutral.
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 5.73 and a resistance level at 5.75. Check the full technical report for our detailed analysis of IGD support and resistance levels.