INVESCO INV GRADE DEFENSIVE (IIGD) Stock Technical Analysis
NYSEARCA:IIGD - NYSE Arca - US46139W5022 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to IIGD. IIGD has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Warning: IIGD has an average volume of 8130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, IIGD turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
IIGD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IIGD is lagging the market slightly.
In the last month IIGD has a been trading in a tight range between 24.34 and 24.66.
The technical rating of IIGD is bad and it also does not present a 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
23.38
25.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.07 to 24.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.62 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.45 to 24.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for IIGD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IIGD is down. |
| ChartMill Relative Strength | 59.48 | NEUTRAL | IIGD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IIGD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IIGD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IIGD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.19 | NEUTRAL | The RSI value for IIGD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IIGD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.36 | OVERSOLD | The low Stochastics value suggests IIGD may be oversold. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for IIGD suggests low volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for IIGD 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)
NYSEARCA:IIGD (5/22/2025, 6:40:00 PM)
24.42
+0.07 (+0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.29%
1 Week-0.39%
2 Weeks-0.33%
1 Month-0.22%
3 Month0.12%
6 Month0.87%
12 Month2.26%
2 Year1.96%
3 Year-0.99%
5 Year-10.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.26%
ATR Inc43.24%
Range Today0.05
ADR(20)0.04
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.48
Mansfield-0.24
10 Day High24.54
10 Day Low24.34
20 Day High24.66
20 Day Low24.34
52 Week High24.9
52 Week Low23.78
CS1 End24.34
CR1 Start24.45
Volume & EV
DER(3)0.29%
DER(5)-53.24%
Volume523
Volume Incr-5.66%
Vol(5)5.34K
Vol(50)8.13K