ISHARES EXPANDED TECH SECTOR (IGM) Stock Technical Analysis
USA - NYSEARCA:IGM - US4642875490 - ETF
126.54 USD
+1.05 (+0.84%)
125.973 USD
-0.57 (-0.45%)
Taking everything into account, IGM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IGM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that IGM is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, IGM also shows a nice and consistent pattern of rising prices.
IGM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IGM has a been trading in the 114.50 - 126.64 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although IGM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
79.22
127.81
5 important support areas can be observed.
- A support zone ranging from 120.42 to 123.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 114.68 to 118.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @112.42 from a horizontal line in the daily time frame.
- Support @86.77 from a trend line in the weekly time frame.
- Support @80.02 from a horizontal line in the weekly time frame.
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGM is up. |
| ChartMill Relative Strength | 82.52 | POSITIVE | IGM has a high relative strength, it outperformed 82.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.31 | OVERBOUGHT | The high RSI value suggests IGM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests IGM has a positive trend. |
| Stochastics (14,3) | 96.24 | OVERBOUGHT | The high Stochastics value suggests IGM may be overbought. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for IGM suggests low volalility. |
| Average Directional Index/ADX (14) | 24.93 | NEUTRAL | The ADX value for IGM 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)
NYSEARCA:IGM (9/19/2025, 8:18:58 PM)
After market: 125.973 -0.57 (-0.45%)126.54
+1.05 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.84%
1 Week3.4%
2 Weeks5.93%
1 Month10.34%
3 Month19.25%
6 Month33.83%
12 Month33.89%
2 Year98.66%
3 Year174.68%
5 Year145.66%
10 Year656.97%
15 Year1287.5%
Volatility
ATR(14)1.53
ATR(20)%1.21%
ATR Inc5.61%
Range Today1.17
ADR(20)1.27
ADR(20)%1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.52
Mansfield0.96
10 Day High126.64
10 Day Low119.9
20 Day High126.64
20 Day Low114.5
52 Week High126.64
52 Week Low76.26
CS1 End123.19
CR1 StartN/A
Volume & EV
DER(3)-5.2%
DER(5)-4.19%
Volume248.00K
Volume Incr-26.77%
Vol(5)329.50K
Vol(50)637.86K