IGM FINANCIAL INC (IGM.CA) Technical Analysis
TSX:IGM • CA4495861060
Current stock price
IGM.CA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to IGM. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, IGM did better than 79% of all other stocks. We also observe that the gains produced by IGM over the past year are nicely spread over this period.
- IGM is part of the Capital Markets industry. There are 76 other stocks in this industry. IGM outperforms 86% of them.
- IGM 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.
- IGM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IGM.CA Weekly and Daily overview Charts
IGM.CA Setup Rating and Analysis
Besides having an excellent technical rating, IGM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
IGM.CA Support and Resistance Analysis
46.70
We found 3 important support areas.
- A support zone ranging from 63.71 to 64.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.95 from a horizontal line in the daily time frame.
- Support @47.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.43 to 74.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
IGM.CA Technical Indicator Signal Analysis
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 | 79.97 | POSITIVE | IGM.CA has a high relative strength, it outperformed 79.97% 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) | 72.48 | OVERBOUGHT | The high RSI value suggests IGM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests IGM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.38 | OVERBOUGHT | The high Stochastics value suggests IGM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for IGM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 33.21 | POSITIVE | The high ADX value value for IGM.CA suggests a strong trend. |
IGM.CA Chart- and CandleStick Pattern Analysis
IGM.CA Example Setup
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 |
|---|---|---|---|
| 74.58 | 68.43 | 6.15 (8.25%) | 12.13% |
| An entry @74.58. This is a Buy Stop order right above the resistance zone. | An exit @68.43. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.15 points, which is 8.25%. | When investing 12.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
IGM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:IGM (4/24/2026, 7:00:00 PM)
74.42
0 (0%)
IGM FINANCIAL INC / IGM.CA TA 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.
Can you provide the RSI signal for IGM FINANCIAL INC?
IGM FINANCIAL INC (IGM.CA) has an RSI value of 72.4843. This indicates that the stock is currently overbought.
Can you provide the short term momentum for IGM FINANCIAL INC?
The short term momentum for IGM FINANCIAL INC (IGM.CA) is positive.
Can you provide the buy/sell signal for IGM FINANCIAL INC?
The buy/sell signal for IGM FINANCIAL INC (IGM.CA) is buy as both the short term and long term trends are positive.