INGRAM MICRO HOLDING CORP (INGM) Stock Technical Analysis
NYSE:INGM - New York Stock Exchange, Inc. - US4571521065 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to INGM. In the last year, INGM was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
100% of all other stocks performed better in the past year than INGM.
INGM is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 96% of 124 stocks in the same industry do better.
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.
In the last month INGM has a been trading in the 18.09 - 21.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
INGM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 19.23, a Stop Loss order could be placed below this zone.
More info and screens
18.57
22.06
We found 1 important support area.
- A support zone ranging from 18.76 to 19.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.23 to 19.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.23 to 21.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.84 to 21.84. 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 INGM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGM is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | INGM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.47 | NEUTRAL | The RSI value for INGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests INGM has a positive trend. |
| Stochastics (14,3) | 52.81 | NEUTRAL | The Stochastics value for INGM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for INGM suggests some volalility. |
| Average Directional Index/ADX (14) | 19.21 | NEGATIVE | The low ADX value for INGM 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)
19.21
-0.12 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.62%
1 Week-3.16%
2 Weeks2.38%
1 Month-11.21%
3 Month-0.72%
6 Month-17.07%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%3.1%
ATR Inc-55.17%
Range Today0.3
ADR(20)0.58
ADR(20)%3.03%
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 High19.99
10 Day Low18.09
20 Day High21.95
20 Day Low18.09
52 Week HighN/A
52 Week LowN/A
CS1 End19.23
CR1 Start19.36
Volume & EV
DER(3)-4.75%
DER(5)-6.11%
Volume247.25K
Volume Incr-42.85%
Vol(5)250.36K
Vol(50)396.00K