ISHARES EXPANDED TECH SECTOR (IGM) Stock Technical Analysis
NYSEARCA:IGM - NYSE Arca - US4642875490 - ETF - Currency: USD
Overall IGM gets a technical rating of 10 out of 10. 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.
The long and short term trends are both positive. This is looking good!
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.
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.
In the last month IGM has a been trading in the 112.82 - 119.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
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.
More info and screens
79.22
120.21
We found 3 important support areas.
- A support zone ranging from 111.92 to 113.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.73 from a trend line in the weekly time frame.
- Support @80.02 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 116.38 to 119.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGM is up. |
| ChartMill Relative Strength | 82.98 | POSITIVE | IGM has a high relative strength, it outperformed 82.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IGM is below 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) | 62.51 | NEUTRAL | The RSI value for IGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IGM has a negative trend. |
| Stochastics (14,3) | 78.53 | NEUTRAL | The Stochastics value for IGM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for IGM suggests low volalility. |
| Average Directional Index/ADX (14) | 27.77 | POSITIVE | The high ADX value value for IGM suggests a strong 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 (8/19/2025, 1:00:47 PM)
115.94
-2.13 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week0.89%
2 Weeks1.78%
1 Month2.57%
3 Month17.23%
6 Month13.08%
12 Month25.69%
2 Year73.93%
3 Year126.04%
5 Year116.5%
10 Year595.55%
15 Year1361.56%
Volatility
ATR(14)1.68
ATR(20)%1.29%
ATR Inc-56.21%
Range Today2.11
ADR(20)1.36
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.98
Mansfield0.65
10 Day High119.73
10 Day Low114.85
20 Day High119.73
20 Day Low112.82
52 Week High119.73
52 Week Low76.26
CS1 End113.41
CR1 Start118.08
Volume & EV
DER(3)-0.97%
DER(5)-1.5%
Volume232.36K
Volume Incr888.19%
Vol(5)3.11M
Vol(50)626.51K