IGM FINANCIAL INC (IGM.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:IGM - CA4495861060 - Common Stock
Taking everything into account, IGM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IGM is showing a nice and steady performance.
Although IGM has an excellent technical rating, the quality of the presented setup is not ideal 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.
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45.46
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.91 to 62.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.61 from a trend line in the daily time frame.
- Support @55.49 from a horizontal line in the daily time frame.
- Support @45.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.45 to 63.72. 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 IGM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGM.CA is up. |
| ChartMill Relative Strength | 75.04 | POSITIVE | IGM.CA has a high relative strength, it outperformed 75.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.77 | NEUTRAL | The RSI value for IGM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests IGM.CA has a negative trend. |
| Stochastics (14,3) | 75.66 | NEUTRAL | The Stochastics value for IGM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for IGM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 53.71 | POSITIVE | The high ADX value value for IGM.CA suggests a strong trend. |
TSX:IGM (1/9/2026, 7:00:00 PM)
63.44
-0.27 (-0.42%)
IGM FINANCIAL INC / IGM.CA FAQ
What is the ChartMill technical rating of IGM FINANCIAL INC (IGM.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to IGM.CA.
What is the current trend direction of IGM FINANCIAL INC (IGM.CA) stock?
The current trend direction for IGM FINANCIAL INC (IGM.CA) is Bullish.
What is the RSI signal for IGM FINANCIAL INC (IGM.CA) stock?
IGM FINANCIAL INC (IGM.CA) has an RSI value of 68.767. This indicates that the stock is currently neutral.
What is the buy/sell signal for IGM stock?
The buy/sell signal for IGM FINANCIAL INC (IGM.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for IGM FINANCIAL INC (IGM.CA) stock?
IGM FINANCIAL INC (IGM.CA) has a support level at 62.85 and a resistance level at 63.45. Check the full technical report for our detailed analysis of IGM.CA support and resistance levels.