ISHARES INDIA INR GOVT BOND (INGB.AS) Stock Technical Analysis
AMS:INGB - Euronext Amsterdam - IE0004L9EID2 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to INGB. In the last year, INGB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, INGB is a bad performer in the overall market: 66% of all stocks are doing better.
Warning: INGB has an average volume of 2371 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
INGB 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 INGB is lagging the market slightly.
In the last month INGB has a been trading in a tight range between 5.01 and 5.29.
Volume is considerably higher in the last couple of days.
The technical rating of INGB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.83
5.35
2 important support areas can be observed.
- A support zone ranging from 5.00 to 5.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 4.88 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 5.13 to 5.30. 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 | UP | POSITIVE | The long term trend for INGB.AS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGB.AS is down. |
| ChartMill Relative Strength | 34.43 | NEUTRAL | INGB.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGB.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGB.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGB.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.17 | OVERSOLD | The low RSI value suggests INGB.AS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests INGB.AS has a negative trend. |
| Stochastics (14,3) | -0.3 | OVERSOLD | The low Stochastics value suggests INGB.AS may be oversold. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for INGB.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 34.4 | POSITIVE | The high ADX value value for INGB.AS 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)
AMS:INGB (6/18/2025, 7:00:00 PM)
5.0084
-0.02 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-4.41%
2 Weeks-4.56%
1 Month-4.2%
3 Month-0.71%
6 Month0.3%
12 Month-1.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.58%
ATR Inc-38.34%
Range Today0.01
ADR(20)0.02
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.43
Mansfield-0.56
10 Day High5.28
10 Day Low5.01
20 Day High5.29
20 Day Low5.01
52 Week High5.33
52 Week Low4.86
CS1 End5
CR1 Start5.13
Volume & EV
DER(3)0%
DER(5)0%
Volume2.83K
Volume Incr310.69%
Vol(5)6.91K
Vol(50)2.37K