INTERCONTINENTAL HOTELS-ADR (IHG) Stock Technical Analysis
NYSE:IHG - US45857P8068 - ADR
122.42 USD
+1.6 (+1.32%)
122.42 USD
0 (0%)
Taking everything into account, IHG scores 8 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IHG did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
IHG is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 60% of 131 stocks in the same industry.
IHG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IHG is lagging the market.
In the last month IHG has a been trading in the 113.32 - 126.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, IHG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 124.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 122.33, a Stop Loss order could be placed below this zone.
More info and screens
108.10
125.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 116.31 to 122.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 109.19 to 110.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @124.33 from a horizontal line 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 | 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 | 73.19 | POSITIVE | IHG has a high relative strength, it outperformed 73.19% 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) | 56.85 | NEUTRAL | The RSI value for IHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IHG has a positive trend. |
| Stochastics (14,3) | 60.58 | NEUTRAL | The Stochastics value for IHG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for IHG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for IHG 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)
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 |
|---|---|---|---|
| 124.34 | 119.35 | 4.99 (4.01%) | 24.92% |
| An entry @124.34. This is a Buy Stop order right above the resistance zone. | An exit @119.35. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.99 points, which is 4.01%. | When investing 24.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
122.42
+1.6 (+1.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.32%
1 Week1.16%
2 Weeks0.67%
1 Month3.46%
3 Month5.68%
6 Month-3.48%
12 Month21.8%
2 Year61.14%
3 Year122.62%
5 Year111.22%
10 Year161.1%
15 Year540.92%
Volatility
ATR(14)2.17
ATR(20)%2.04%
ATR Inc-57.53%
Range Today1.4
ADR(20)1.73
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.19
Mansfield-0.52
10 Day High123.15
10 Day Low119.36
20 Day High126.84
20 Day Low113.32
52 Week High137.25
52 Week Low94.78
CS1 End122.33
CR1 Start124.33
Volume & EV
DER(3)0.05%
DER(5)-0.35%
Volume108.81K
Volume Incr-45.37%
Vol(5)116.68K
Vol(50)197.64K