NYSEARCA:IGN - NYSE Arca - US4642875318 - ETF - Currency: USD
Taking everything into account, IGN scores 5 out of 10 in our technical rating. 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.
55.89
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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%)