INTERNATIONAL GENERAL INSURA (IGIC) Stock Technical Analysis
NASDAQ:IGIC - Nasdaq - BMG4809J1062 - Common Stock - Currency: USD
Taking everything into account, IGIC scores 7 out of 10 in our technical rating. In the last year, IGIC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
IGIC is part of the Insurance industry. There are 141 other stocks in this industry. IGIC outperforms 87% of them.
IGIC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IGIC is lagging the market slightly.
In the last month IGIC has a been trading in the 23.11 - 25.76 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that IGIC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Considerably lower volume is observed in the last couple of days.
Although IGIC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.78
27.04
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.45 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.08 from a horizontal line in the daily time frame.
- A support zone ranging from 22.58 to 22.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.60 to 26.77. 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 IGIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGIC is up. |
| ChartMill Relative Strength | 85.33 | POSITIVE | IGIC has a high relative strength, it outperformed 85.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.77 | NEUTRAL | The RSI value for IGIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IGIC has a positive trend. |
| Stochastics (14,3) | 42.33 | NEUTRAL | The Stochastics value for IGIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for IGIC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.51 | NEUTRAL | The ADX value for IGIC 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)
NASDAQ:IGIC (8/21/2025, 1:25:36 PM)
25.34
+0.68 (+2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg2.76%
1 Week1.65%
2 Weeks1.4%
1 Month2.79%
3 Month6.8%
6 Month-5.01%
12 Month41.56%
2 Year133.08%
3 Year220.26%
5 Year257.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%2.49%
ATR Inc-33.54%
Range Today1.19
ADR(20)0.57
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.33
Mansfield-0.31
10 Day High24.67
10 Day Low23.59
20 Day High25.76
20 Day Low23.11
52 Week High27.76
52 Week Low17.06
CS1 End24.37
CR1 Start26.6
Volume & EV
DER(3)-0.95%
DER(5)-1.37%
Volume93.83K
Volume Incr-33.2%
Vol(5)77.84K
Vol(50)125.88K