ISHARES INVESTMENT GRADE SYS (IGEB) Stock Technical Analysis
NYSEARCA:IGEB - NYSE Arca - US46435G2194 - ETF - Currency: USD
Overall IGEB gets a technical rating of 5 out of 10. IGEB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, IGEB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 45.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IGEB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
43.20
We found 1 important support area.
- A support zone ranging from 43.64 to 44.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 45.24 to 45.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 46.57 to 46.64. 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 IGEB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGEB is up. |
| ChartMill Relative Strength | 43.41 | NEUTRAL | IGEB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGEB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IGEB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.41 | NEUTRAL | The RSI value for IGEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IGEB has a positive trend. |
| Stochastics (14,3) | 45.63 | NEUTRAL | The Stochastics value for IGEB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for IGEB suggests low volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for IGEB suggests a weak or negative trend. |
NYSEARCA:IGEB (6/18/2025, 9:51:00 AM)
44.91
+0.07 (+0.16%)