INTERNATIONAL GENERAL INSURA (IGIC)
BMG4809J1062 - Common Stock
Overall IGIC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, IGIC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IGIC did better than 89% of all other stocks. On top of that, IGIC also shows a nice and consistent pattern of rising prices.
IGIC is one of the better performing stocks in the Insurance industry, it outperforms 88% of 141 stocks in the same industry.
IGIC 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.
In the last month IGIC has a been trading in the 12.83 - 14.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, IGIC also presents a decent setup pattern. 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 13.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.43, a Stop Loss order could be placed below this zone.
More info and screens
11.52
14.06
5 important support areas can be observed.
- A support zone ranging from 12.88 to 13.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.60 from a trend line in the daily time frame.
- Support @12.39 from a trend line in the weekly time frame.
- A support zone ranging from 11.86 to 11.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.70 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.46
Mansfield0.6
10 Day High13.97
10 Day Low12.83
20 Day High14.05
20 Day Low12.83
52 Week High14.14
52 Week Low8.05
Performance
1 Week2.97%
2 Weeks1.89%
1 Month-2.95%
3 Month3.53%
6 Month23.29%
12 Month62.65%
2 Year78.1%
3 Year53.41%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)52.38
LBB12.96
UBB13.8
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 |
|---|---|---|---|
| 13.93 | 12.87 | 1.06 (7.61%) | 13.14% |
| An entry @13.93. This is a Buy Stop order right above the resistance zone. | An exit @12.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 7.61%. | For a 1.00% total portfolio risk, you can invest 13.14% of your capital in this trade. |
- 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.
INTERNATIONAL GENERAL INSURA
NASDAQ:IGIC (5/6/2024, 3:30:02 PM)
13.5
+0.02 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.15%
1 Week2.97%
2 Weeks1.89%
1 Month-2.95%
3 Month3.53%
6 Month23.29%
12 Month62.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.57%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.97
10 Day Low12.83
20 Day High14.05
20 Day Low12.83
52 Week High14.14
52 Week Low8.05
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume101.61K
Volume Incr63.87%
Vol(5)122.66K
Vol(50)82.12K