INVESCO AI AND NEXT GEN SOFT (IGPT) Stock Technical Analysis
NYSEARCA:IGPT - NYSE Arca - US46137V6395 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to IGPT. Although IGPT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IGPT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IGPT is performing more or less in line with the market.
In the last month IGPT has a been trading in the 42.39 - 46.83 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, IGPT outperforms 58% of them, which is more or less in line with the market.
Although IGPT 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
36.17
50.27
We found 3 important support areas.
- A support zone ranging from 45.25 to 45.69. 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 44.48 to 44.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @36.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @46.72 from a horizontal line in the daily time frame.
- Resistance @48.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 49.25 to 49.77. 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 | UP | POSITIVE | The long term trend for IGPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGPT is up. |
| ChartMill Relative Strength | 58.45 | NEUTRAL | IGPT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.74 | NEUTRAL | The RSI value for IGPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IGPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.75 | OVERBOUGHT | The high Stochastics value suggests IGPT may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for IGPT suggests low volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for IGPT 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:IGPT (6/6/2025, 8:04:01 PM)
46.49
+0.33 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week3.98%
2 Weeks3.52%
1 Month9.39%
3 Month8.07%
6 Month-5.04%
12 Month0.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%1.74%
ATR Inc-11%
Range Today0.34
ADR(20)0.65
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.45
Mansfield-0.14
10 Day High46.83
10 Day Low44.18
20 Day High46.83
20 Day Low42.39
52 Week High50
52 Week Low33.8
CS1 End45.69
CR1 Start46.72
Volume & EV
DER(3)-0.5%
DER(5)-1.85%
Volume33.50K
Volume Incr-14.76%
Vol(5)33.90K
Vol(50)51.93K