INTERNATIONAL GAME TECHNOLOG (IGT) Stock Technical Analysis
NYSE:IGT - New York Stock Exchange, Inc. - GB00BVG7F061 - Common Stock - Currency: USD
Overall IGT gets a technical rating of 4 out of 10. 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.
79% of all other stocks performed better in the past year than IGT.
IGT is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 78% of 132 stocks in the same industry do better.
IGT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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 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
14.30
18.53
We found 1 important support 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.
3 important resistance areas can be observed.
- 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.
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. |
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)
16.29
+0.48 (+3.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.04%
1 Week4.16%
2 Weeks8.02%
1 Month11.42%
3 Month12.11%
6 Month-6.49%
12 Month-18.55%
2 Year-51.85%
3 Year-14.04%
5 Year65.21%
10 Year-17.73%
15 Year6.89%
Volatility
ATR(14)0.44
ATR(20)%2.5%
ATR Inc124.03%
Range Today1.38
ADR(20)0.39
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.03
Mansfield-1.77
10 Day High17.04
10 Day Low14.72
20 Day High17.04
20 Day Low14.27
52 Week High24.13
52 Week Low13.81
CS1 End14.53
CR1 Start16.69
Volume & EV
DER(3)4.7%
DER(5)3.83%
Volume3.56M
Volume Incr-1.03%
Vol(5)1.93M
Vol(50)1.93M