INVESCO INV GRADE DEFENSIVE (IIGD) Stock Technical Analysis
USA - NYSEARCA:IIGD - US46139W5022 - ETF
24.94 USD
-0.03 (-0.12%)
24.94 USD
0 (0%)
Taking everything into account, IIGD scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, IIGD is a bad performer.
When comparing the yearly performance of all stocks, IIGD is a bad performer in the overall market: 64% of all stocks are doing better.
Warning: IIGD has an average volume of 6605 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
IIGD is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IIGD has a been trading in a tight range between 24.66 and 25.08.
Volume is considerably higher in the last couple of days.
IIGD has an average technical rating and it also 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.
More info and screens
23.72
25.22
We found 1 important support area.
- A support zone ranging from 23.96 to 24.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.95 to 24.97. 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 IIGD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IIGD is up. |
| ChartMill Relative Strength | 36.41 | NEUTRAL | IIGD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IIGD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IIGD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IIGD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.35 | NEUTRAL | The RSI value for IIGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IIGD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.49 | OVERBOUGHT | The high Stochastics value suggests IIGD may be overbought. |
| Average True Range in percent/ATR (20) | 0.2 | LOW VOLATILITY | The low ATR as a percentage value for IIGD suggests low volalility. |
| Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for IIGD suggests a strong 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)
24.94
-0.03 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week0.02%
2 Weeks0.56%
1 Month0.56%
3 Month1.53%
6 Month2.13%
12 Month0.34%
2 Year6.42%
3 Year5.76%
5 Year-8.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%0.2%
ATR Inc114.81%
Range Today0.16
ADR(20)0.03
ADR(20)%0.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.41
Mansfield-0.83
10 Day High25.08
10 Day Low24.76
20 Day High25.08
20 Day Low24.66
52 Week High25.08
52 Week Low23.92
CS1 End24.9
CR1 Start24.95
Volume & EV
DER(3)-1.99%
DER(5)-1.19%
Volume52.60K
Volume Incr99.37%
Vol(5)16.32K
Vol(50)6.61K