USA - NYSE:IHG - US45857P8068 - ADR
Taking everything into account, IHG scores 7 out of 10 in our technical rating. 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.
Although IHG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
106.67
When analyzing the support we can see 4 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 | 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 | 69.56 | 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) | DOWN | MIXED | The current price of IHG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.04 | NEUTRAL | The RSI value for IHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests IHG has a positive trend. |
| Stochastics (14,3) | 89.68 | OVERBOUGHT | The high Stochastics value suggests IHG may be overbought. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for IHG suggests low volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for IHG suggests a weak or negative trend. |
130.18
+4.31 (+3.42%)
ChartMill assigns a technical rating of 7 / 10 to IHG.
The current trend direction for INTERCONTINENTAL HOTELS-ADR (IHG) is Bullish.
INTERCONTINENTAL HOTELS-ADR (IHG) has an RSI value of 67.0447. This indicates that the stock is currently neutral.
The MACD indicator for INTERCONTINENTAL HOTELS-ADR (IHG) has a value of 0.533167, indicating a bearish trend.
INTERCONTINENTAL HOTELS-ADR (IHG) has a support level at 124.43. Check the full technical report for our detailed analysis of IHG support and resistance levels.