INTERNATIONAL GAME TECHNOLOG (IGT) Technical Analysis
NYSE:IGT • GB00BVG7F061
Current stock price
IGT Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to IGT. In the past year, IGT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, IGT is a bad performer in the overall market: 79% of all stocks are doing better.
- IGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IGT is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month IGT has a been trading in the 14.27 - 17.04 range, which is quite wide. It is currently trading near the high of this range.
- IGT has an average volume of 1926570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IGT is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, IGT did better than 43% of them.
IGT Weekly and Daily overview Charts
IGT Setup Rating and Analysis
IGT has an average technical rating and it also does not offer a high quality setup 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
IGT Support and Resistance Analysis
14.30
When analyzing the support we notice one important area.
- A support zone ranging from 14.44 to 14.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 16.69 to 16.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.35 to 18.35. This zone is formed by a combination of multiple trend lines in the daily time frame.
IGT Technical Indicator Signal Analysis
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 IGT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IGT is up. |
| ChartMill Relative Strength | 21.03 | NEGATIVE | IGT has a low relative strength, it was outperformed by 78.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IGT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.65 | NEUTRAL | The RSI value for IGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests IGT has a positive trend. |
| Stochastics (14,3) | 87.36 | OVERBOUGHT | The high Stochastics value suggests IGT may be overbought. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for IGT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for IGT suggests a weak or negative trend. |
IGT Chart- and CandleStick Pattern Analysis
IGT Technicals: Chart, Performance Metrics, Trend & Indicators
16.29
+0.48 (+3.04%)
INTERNATIONAL GAME TECHNOLOG / IGT TA FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL GAME TECHNOLOG?
ChartMill assigns a technical rating of 4 / 10 to IGT.
What is the current trend direction of INTERNATIONAL GAME TECHNOLOG (IGT) stock?
The current trend direction for INTERNATIONAL GAME TECHNOLOG (IGT) is Bearish.
What is the RSI signal for IGT stock?
INTERNATIONAL GAME TECHNOLOG (IGT) has an RSI value of 63.6533. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for INTERNATIONAL GAME TECHNOLOG?
INTERNATIONAL GAME TECHNOLOG (IGT) has a support level at 14.53 and a resistance level at 16.69. Check the full technical report for our detailed analysis of IGT support and resistance levels.