NYSE:INGM • US4571521065
We assign a technical rating of 4 out of 10 to INGM. INGM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, INGM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 21.48, a Stop Loss order could be placed below this zone.
18.57
4 important support areas can be observed.
2 important resistance areas can be observed.
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 INGM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INGM is neutral. |
| ChartMill Relative Strength | 34.96 | NEUTRAL | INGM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INGM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of INGM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.62 | NEUTRAL | The RSI value for INGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests INGM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.02 | NEUTRAL | The Stochastics value for INGM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for INGM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for INGM suggests a weak or negative trend. |
21.57
+0.46 (+2.18%)
ChartMill assigns a technical rating of 4 / 10 to INGM.
The current trend direction for INGRAM MICRO HOLDING CORP (INGM) is Bearish.
INGRAM MICRO HOLDING CORP (INGM) has an RSI value of 51.6183. This indicates that the stock is currently neutral.
The MACD indicator for INGRAM MICRO HOLDING CORP (INGM) has a value of 0.042985, indicating a bearish trend.