INTERCONTINENTAL HOTELS-ADR (IHG) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:IHG • US45857P8068
Overall IHG gets a technical rating of 8 out of 10. Although IHG 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.
- IHG is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 71% of 132 stocks in the same industry.
- A new 52 week high is currently being made by IHG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month IHG has a been trading in the 134.11 - 145.04 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, IHG turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
IHG has an excellent technical rating, but the quality of the setup is only medium 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
109.44
6 important support areas can be observed.
- A support zone ranging from 134.74 to 139.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @131.70 from a horizontal line in the daily time frame.
- Support @127.40 from a trend line in the daily time frame.
- Support @124.33 from a horizontal line in the daily time frame.
- Support @117.51 from a horizontal line in the daily time frame.
- Support @110.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 144.84 to 144.84. 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 IHG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IHG is up. |
| ChartMill Relative Strength | 61.61 | NEUTRAL | IHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IHG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IHG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IHG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.29 | NEUTRAL | The RSI value for IHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests IHG has a positive trend. |
| Stochastics (14,3) | 90.09 | OVERBOUGHT | The high Stochastics value suggests IHG may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for IHG suggests some volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for IHG suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 144.85 | 134.10 | 10.75 (7.42%) | 13.47% |
| An entry @144.85. This is a Buy Stop order right above the resistance zone. | An exit @134.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.75 points, which is 7.42%. | For a 1.00% total portfolio risk, you can invest 13.47% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
144.83
+1.74 (+1.22%)
INTERCONTINENTAL HOTELS-ADR / IHG FAQ
Can you provide the ChartMill technical rating for INTERCONTINENTAL HOTELS-ADR?
ChartMill assigns a technical rating of 8 / 10 to IHG.
What is the trend direction for IHG stock?
The current trend direction for INTERCONTINENTAL HOTELS-ADR (IHG) is Bullish.
Can you provide the RSI signal for INTERCONTINENTAL HOTELS-ADR?
INTERCONTINENTAL HOTELS-ADR (IHG) has an RSI value of 61.2914. This indicates that the stock is currently neutral.
What is the MACD signal for IHG stock?
The MACD indicator for INTERCONTINENTAL HOTELS-ADR (IHG) has a value of 0.70347, indicating a bearish trend.
What are the support and resistance levels for INTERCONTINENTAL HOTELS-ADR (IHG) stock?
INTERCONTINENTAL HOTELS-ADR (IHG) has a support level at 139.25 and a resistance level at 144.84. Check the full technical report for our detailed analysis of IHG support and resistance levels.