IG GROUP HOLDINGS PLC (IGG.L) Stock Technical Analysis
LON:IGG - London Exchange - GB00B06QFB75 - Common Stock - Currency: GBX
We assign a technical rating of 7 out of 10 to IGG. IGG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month IGG has a been trading in the 1050.00 - 1140.00 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that IGG is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by IGG over the past year are nicely spread over this period.
IGG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IGG is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
IGG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for IGG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
902.39
1,139.29
We found 2 important support areas.
- Support @964.78 from a trend line in the weekly time frame.
- A support zone ranging from 911.50 to 916.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1126.01 to 1128.01. 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 IGG.L is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGG.L is down. |
| ChartMill Relative Strength | 82.71 | POSITIVE | IGG.L has a high relative strength, it outperformed 82.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGG.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGG.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGG.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.51 | NEUTRAL | The RSI value for IGG.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -8.36 | NEGATIVE | The MACD value suggests IGG.L has a negative trend. |
| Stochastics (14,3) | 4.17 | OVERSOLD | The low Stochastics value suggests IGG.L may be oversold. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for IGG.L suggests low volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for IGG.L suggests a possible start of a new 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 |
|---|---|---|---|
| 1,070.26 | 1,049.99 | 20.27 (1.89%) | 25.00% |
| An entry @1070.26. This is a Buy Stop order right above the resistance zone. | An exit @1049.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 20.27 points, which is 1.89%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IGG. Please evaluate whether better entry and exit points can be found.
- 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.
LON:IGG (6/18/2025, 5:36:15 PM)
1062
+11 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.05%
1 Week-1.59%
2 Weeks-4.28%
1 Month-5.74%
3 Month10.69%
6 Month7.68%
12 Month28.64%
2 Year55.24%
3 Year52.21%
5 Year28.88%
10 Year40.79%
15 Year149.64%
Volatility
ATR(14)17.36
ATR(20)%1.59%
ATR Inc-34.55%
Range Today10.5
ADR(20)16.23
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.71
Mansfield0.4
10 Day High1096
10 Day Low1050
20 Day High1140
20 Day Low1050
52 Week High1140
52 Week Low811
CS1 End964.78
CR1 Start1054.65
Volume & EV
DER(3)3.93%
DER(5)-2.78%
Volume192.17K
Volume Incr-25.42%
Vol(5)208.42K
Vol(50)261.20K