INTERCONTINENTAL HOTELS-ADR (IHG) Stock Technical Analysis
USA - NYSE:IHG - US45857P8068 - ADR
120.34 USD
-1.93 (-1.58%)
120.34 USD
0 (0%)
Overall IHG gets a technical rating of 6 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
IHG is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. IHG outperforms 72% of them.
When compared to the yearly performance of all other stocks, IHG outperforms 55% of them, which is more or less in line with the market.
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 117.29 - 124.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, IHG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 120.02, a Stop Loss order could be placed below this zone.
More info and screens
106.04
128.16
When analyzing the support we can see 4 important areas.
- A support zone ranging from 119.05 to 120.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @116.31 from a horizontal line in the daily time frame.
- A support zone ranging from 110.79 to 110.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.11 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 120.39 to 124.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @126.89 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 | NEUTRAL | NEUTRAL | The short term trend for IHG is neutral. |
| ChartMill Relative Strength | 55.14 | NEUTRAL | IHG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IHG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IHG is below 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) | 46.16 | NEUTRAL | The RSI value for IHG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests IHG has a negative trend. |
| Stochastics (14,3) | 50.39 | NEUTRAL | The Stochastics value for IHG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for IHG suggests low volalility. |
| Average Directional Index/ADX (14) | 13.1 | 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 |
|---|---|---|---|
| 122.74 | 119.63 | 3.11 (2.53%) | 25.00% |
| An entry @122.73. This is a Buy Stop order right above the 10 day moving average. | An exit @119.63. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.11 points, which is 2.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of IHG. Please evaluate whether better entry and exit points can be found.
- 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.
120.34
-1.93 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.58%
1 Week-2.99%
2 Weeks-0.85%
1 Month1.61%
3 Month2.78%
6 Month18.49%
12 Month5.79%
2 Year66.84%
3 Year119.44%
5 Year135.32%
10 Year140.76%
15 Year396.21%
Volatility
ATR(14)2.18
ATR(20)%1.64%
ATR Inc45.75%
Range Today3.05
ADR(20)1.61
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.14
Mansfield-0.91
10 Day High124.74
10 Day Low119.64
20 Day High124.74
20 Day Low117.29
52 Week High137.25
52 Week Low94.78
CS1 End120.02
CR1 Start120.39
Volume & EV
DER(3)-0.99%
DER(5)-1.21%
Volume170.15K
Volume Incr7.19%
Vol(5)175.75K
Vol(50)181.94K