AM S&P W INDUSTRIAL SCR A (INDGW.MI) Stock Technical Analysis
BIT:INDGW - IE000LTA2082 - ETF
14.92 EUR
+0.02 (+0.15%)
Overall INDGW gets a technical rating of 1 out of 10. INDGW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than INDGW.
Warning: INDGW has an average volume of 3105 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
INDGW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is bad, INDGW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.60
15.46
We found 3 important support areas.
- Support @14.14 from a horizontal line in the weekly time frame.
- Support @13.36 from a trend line in the daily time frame.
- Support @12.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.93 to 15.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.31 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 | DOWN | NEGATIVE | The long term trend for INDGW.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INDGW.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | INDGW.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of INDGW.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INDGW.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 28.42 | OVERSOLD | The low RSI value suggests INDGW.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.65 | POSITIVE | The MACD value suggests INDGW.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.2 | OVERBOUGHT | The high Stochastics value suggests INDGW.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for INDGW.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 49.11 | POSITIVE | The high ADX value value for INDGW.MI 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)
BIT:INDGW (9/9/2025, 7:00:00 PM)
14.92
+0.02 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week-2.5%
2 Weeks1.21%
1 Month-0.68%
3 Month11.43%
6 Month-95.8%
12 MonthN/A
2 Year-96.66%
3 Year-95.82%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.92%
ATR Inc-60.62%
Range Today0.16
ADR(20)0.11
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High15.41
10 Day Low14.43
20 Day High15.41
20 Day Low12.57
52 Week HighN/A
52 Week LowN/A
CS1 End14.14
CR1 Start14.93
Volume & EV
DER(3)0%
DER(5)0%
Volume514
Volume Incr-76.3%
Vol(5)1.22K
Vol(50)3.11K