We assign a technical rating of 9 out of 10 to IGLD. Both in the recent history as in the last year, IGLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, IGLD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.64, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
18.44
We found 6 important support areas.
- A support zone ranging from 25.09 to 25.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.01 to 24.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.56 from a trend line in the weekly time frame.
- Support @22.82 from a trend line in the weekly time frame.
- Strong support @21.13 from a horizontal line in the daily time frame.
- Support @18.63 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @26.13 from a horizontal line in the daily time frame.
- A resistance zone ranging from 26.60 to 26.60. 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 IGLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGLD is up. |
| ChartMill Relative Strength | 79.13 | POSITIVE | IGLD has a high relative strength, it outperformed 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.85 | NEUTRAL | The RSI value for IGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IGLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.64 | NEUTRAL | The Stochastics value for IGLD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for IGLD suggests low volalility. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for IGLD suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 26.14 | 25.08 | 1.06 (4.06%) | 24.66% |
| An entry @26.14. This is a Buy Stop order right above the resistance zone. | An exit @25.08. 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 4.06%. | For a 1.00% total portfolio risk, you can invest 24.66% 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.
25.87
+0.05 (+0.19%)
FT VEST GOLD STRATEGY TARGET / IGLD FAQ
What is the ChartMill technical rating of FT VEST GOLD STRATEGY TARGET (IGLD) stock?
ChartMill assigns a technical rating of 9 / 10 to IGLD.
What is the current trend direction of FT VEST GOLD STRATEGY TARGET (IGLD) stock?
The current trend direction for FT VEST GOLD STRATEGY TARGET (IGLD) is Bullish.
Can you provide the RSI signal for FT VEST GOLD STRATEGY TARGET?
FT VEST GOLD STRATEGY TARGET (IGLD) has an RSI value of 56.846. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FT VEST GOLD STRATEGY TARGET?
The MACD indicator for FT VEST GOLD STRATEGY TARGET (IGLD) has a value of -0.0103258, indicating a bearish trend.
What is the short term momentum for IGLD stock?
The short term momentum for FT VEST GOLD STRATEGY TARGET (IGLD) is positive.