USA - New York Stock Exchange - NYSE:IHG - US45857P8068 - ADR
We assign a technical rating of 8 out of 10 to IHG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IHG is only an average performer.
Although IHG has an excellent technical rating, it 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.
108.17
6 important support areas can be observed.
We found 1 important resistance area.
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 | 78.07 | POSITIVE | IHG has a high relative strength, it outperformed 78.07% off all stocks 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) | 68.79 | NEUTRAL | The RSI value for IHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests IHG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.83 | OVERBOUGHT | The high Stochastics value suggests IHG may be overbought. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for IHG suggests low volalility. |
| Average Directional Index/ADX (14) | 31.25 | POSITIVE | The high ADX value value for IHG suggests a strong trend. |
143.06
-0.36 (-0.25%)
ChartMill assigns a technical rating of 8 / 10 to IHG.
The current trend direction for INTERCONTINENTAL HOTELS-ADR (IHG) is Bullish.
INTERCONTINENTAL HOTELS-ADR (IHG) has an RSI value of 68.785. This indicates that the stock is currently neutral.
The MACD indicator for INTERCONTINENTAL HOTELS-ADR (IHG) has a value of 0.47158, indicating a bearish trend.
INTERCONTINENTAL HOTELS-ADR (IHG) has a support level at 137.57 and a resistance level at 143.07. Check the full technical report for our detailed analysis of IHG support and resistance levels.