Logo image of IGM.CA

IGM FINANCIAL INC (IGM.CA) Stock Technical Analysis

TSX:IGM - Toronto Stock Exchange - CA4495861060 - Common Stock - Currency: CAD

44.46  -0.14 (-0.31%)

Technical Rating and Analysis

2

Taking everything into account, IGM scores 2 out of 10 in our technical rating. IGM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

IGM 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 IGM is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, IGM turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
IGM is part of the Capital Markets industry. There are 83 other stocks in this industry, IGM did better than 57% of them.
In the last month IGM has a been trading in the 41.91 - 46.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IGM FINANCIAL INC / IGM Weekly stock chart
IGM FINANCIAL INC / IGM Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, IGM 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 44.28, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

38.03

48.33

We found 4 important support areas.

  • A support zone ranging from 44.23 to 44.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @43.47 from a horizontal line in the daily time frame.
  • Support @42.01 from a trend line in the weekly time frame.
  • A support zone ranging from 38.41 to 38.48. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 44.73 to 45.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @46.76 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 47.61 to 47.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.3
Mansfield0.15
10 Day High46.79
10 Day Low41.91
20 Day High46.95
20 Day Low41.91
52 Week High47.96
52 Week Low32.95
Performance
1 Week-0.45%
2 Weeks-4.76%
1 Month-1.18%
3 Month-2.48%
6 Month15.99%
12 Month26.67%
2 Year7.08%
3 Year-1.27%
5 Year24.22%
10 Year0.38%
15 Year3.4%
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)-0.09
RSI(14)42.91
LBB43.35
UBB47.02
IGM FINANCIAL INC / IGM Daily stock chart

IGM FINANCIAL INC

TSX:IGM (2/13/2025, 7:00:00 PM)

44.46

-0.14 (-0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.31%
1 Week-0.45%
2 Weeks-4.76%
1 Month-1.18%
3 Month-2.48%
6 Month15.99%
12 Month26.67%
2 Year7.08%
3 Year-1.27%
5 Year24.22%
10 Year0.38%
15 Year3.4%
Volatility
ATR(14)0.99
ATR(20)%2.01%
ATR Inc-21.21%
Range Today0.67
ADR(20)0.78
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.3
Mansfield0.15
10 Day High46.79
10 Day Low41.91
20 Day High46.95
20 Day Low41.91
52 Week High47.96
52 Week Low32.95
CS1 End44.28
CR1 Start44.73
Volume & EV
DER(3)0.73%
DER(5)0.55%
Volume159.28K
Volume Incr7.69%
Vol(5)367.01K
Vol(50)347.13K