WESTERN ASST INV GR OPPOR TR (IGI) Stock Technical Analysis
NYSE:IGI - New York Stock Exchange, Inc. - US95790A1016 - Currency: USD
Overall IGI gets a technical rating of 5 out of 10. IGI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
72% of all other stocks performed better in the past year than IGI.
Warning: IGI has an average volume of 14172 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IGI is lagging the market.
In the last month IGI has a been trading in a tight range between 16.24 and 16.65.
Although the technical rating is only medium, IGI 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 16.48, a Stop Loss order could be placed below this zone.
More info and screens
15.66
17.76
When analyzing the support we notice one important area.
- A support zone ranging from 15.82 to 16.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.77 to 16.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.58 from a horizontal line in the weekly time frame.
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 IGI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGI is up. |
| ChartMill Relative Strength | 28.96 | NEGATIVE | IGI has a low relative strength, it was outperformed by 71.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IGI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.55 | NEUTRAL | The RSI value for IGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IGI has a positive trend. |
| Stochastics (14,3) | 91.66 | OVERBOUGHT | The high Stochastics value suggests IGI may be overbought. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for IGI suggests low volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for IGI 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)
NYSE:IGI (8/4/2025, 8:14:40 PM)
16.6
+0.08 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.48%
1 Week1.47%
2 Weeks0.76%
1 Month0.24%
3 Month1.22%
6 Month-0.42%
12 Month-5.03%
2 Year2.6%
3 Year-3.15%
5 Year-23.78%
10 Year-16.92%
15 Year-23.43%
Volatility
ATR(14)0.14
ATR(20)%0.9%
ATR Inc-40.67%
Range Today0.11
ADR(20)0.14
ADR(20)%0.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.96
Mansfield-0.83
10 Day High16.6
10 Day Low16.25
20 Day High16.65
20 Day Low16.24
52 Week High18.3
52 Week Low15.7
CS1 End16.48
CR1 Start16.77
Volume & EV
DER(3)-1.81%
DER(5)-0.96%
Volume8.40K
Volume Incr21.47%
Vol(5)16.72K
Vol(50)14.17K