Overall IGN gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. IGN was also a bad performer in the overall market in the last year.
IGN has an average technical rating and it also does not offer a high quality setup 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
55.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 60.34 to 61.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @56.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @67.17 from a trend line in the weekly time frame.
- Resistance @70.04 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for IGN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGN is up. |
| ChartMill Relative Strength | 26.52 | NEGATIVE | IGN has a low relative strength, it was outperformed by 73.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.59 | OVERBOUGHT | The high RSI value suggests IGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests IGN has a positive trend. |
| Stochastics (14,3) | 98.02 | OVERBOUGHT | The high Stochastics value suggests IGN may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for IGN suggests low volalility. |
| Average Directional Index/ADX (14) | 29.13 | POSITIVE | The high ADX value value for IGN suggests a strong trend. |
NYSEARCA:IGN (12/15/2023, 8:04:00 PM)
64.1701
-0.21 (-0.33%)
ISHARES NORTH AMERICAN TECH- / IGN FAQ
Can you provide the ChartMill technical rating for ISHARES NORTH AMERICAN TECH-?
ChartMill assigns a technical rating of 5 / 10 to IGN.
Can you provide the trend direction for ISHARES NORTH AMERICAN TECH-?
The current trend direction for ISHARES NORTH AMERICAN TECH- (IGN) is Bearish.
Can you provide the RSI signal for ISHARES NORTH AMERICAN TECH-?
ISHARES NORTH AMERICAN TECH- (IGN) has an RSI value of 72.5911. This indicates that the stock is currently overbought.
What is the MACD signal for ISHARES NORTH AMERICAN TECH- (IGN) stock?
The MACD indicator for ISHARES NORTH AMERICAN TECH- (IGN) has a value of 0.480978, indicating a bearish trend.
What is the support and resistance level for IGN stock?
ISHARES NORTH AMERICAN TECH- (IGN) has a support level at 61.69 and a resistance level at 67.17. Check the full technical report for our detailed analysis of IGN support and resistance levels.