ISHARES EXPANDED TECH SECTOR (IGM) Stock Technical Analysis
NYSEARCA:IGM • US4642875490
We assign a technical rating of 1 out of 10 to IGM. IGM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month IGM has a been trading in the 120.94 - 133.56 range, which is quite wide. It is currently trading near the lows of this range.
- 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- 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 63% of all stocks.
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 resistance zone just above the current price starting at 127.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.25, a Stop Loss order could be placed below this zone.
More info and screens
79.22
2 important support areas can be observed.
- A support zone ranging from 121.62 to 124.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.02 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 127.41 to 131.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 133.87 to 135.73. 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 | NEUTRAL | NEUTRAL | The long term trend for IGM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IGM is down. |
| ChartMill Relative Strength | 63.15 | NEUTRAL | IGM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IGM is below a declining 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) | 43.18 | NEUTRAL | The RSI value for IGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests IGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.47 | NEUTRAL | The Stochastics value for IGM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for IGM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.86 | NEUTRAL | The ADX value for IGM suggests a possible start of a new trend. |
NYSEARCA:IGM (2/18/2026, 3:42:24 PM)
124.77
+1.17 (+0.95%)
ISHARES EXPANDED TECH SECTOR / IGM FAQ
What is the ChartMill technical rating of ISHARES EXPANDED TECH SECTOR (IGM) stock?
ChartMill assigns a technical rating of 1 / 10 to IGM.
What is the current trend direction of ISHARES EXPANDED TECH SECTOR (IGM) stock?
The current trend direction for ISHARES EXPANDED TECH SECTOR (IGM) is Bearish.
What is the RSI signal for ISHARES EXPANDED TECH SECTOR (IGM) stock?
ISHARES EXPANDED TECH SECTOR (IGM) has an RSI value of 43.1763. This indicates that the stock is currently neutral.
What is the support and resistance level for IGM stock?
ISHARES EXPANDED TECH SECTOR (IGM) has a support level at 124.25 and a resistance level at 127.41. Check the full technical report for our detailed analysis of IGM support and resistance levels.