INGRAM MICRO HOLDING CORP (INGM) Technical Analysis
NYSE:INGM • US4571521065
Current stock price
26.82 USD
+0.9 (+3.47%)
At close:
26.72 USD
-0.1 (-0.37%)
After Hours:
INGM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to INGM. Both in the recent history as in the last year, INGM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, INGM did better than 89% of all other stocks. We also observe that the gains produced by INGM over the past year are nicely spread over this period.
- INGM is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so INGM is leading the market.
- In the last month INGM has a been trading in the 21.27 - 27.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- INGM has an average volume of 1136740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- INGM is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, INGM did better than 67% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
INGM Weekly and Daily overview Charts
INGM Setup Rating and Analysis
Although INGM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
INGM Support and Resistance Analysis
19.02
27.09
When analyzing the support we can see 3 important areas.
- Support @21.37 from a trend line in the weekly time frame.
- A support zone ranging from 20.15 to 20.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @19.21 from a horizontal line in the daily time frame.
INGM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for INGM is up. |
| ChartMill Relative Strength | 89.72 | POSITIVE | INGM has a high relative strength, it outperformed 89.72% off all stocks 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 | POSITIVE | The current price of INGM is above 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) | 73.58 | OVERBOUGHT | The high RSI value suggests INGM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests INGM has a positive trend. |
| Stochastics (14,3) | 94.83 | OVERBOUGHT | The high Stochastics value suggests INGM may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for INGM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for INGM suggests a weak or negative trend. |
INGM Chart- and CandleStick Pattern Analysis
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)
INGM Technicals: Chart, Performance Metrics, Trend & Indicators
26.82
+0.9 (+3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.47%
1 Week15.06%
2 Weeks19.57%
1 Month20.92%
3 Month27.65%
6 Month28.2%
12 Month73.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.85
ATR(20)%3.13%
ATR Inc62.55%
Range Today0.91
ADR(20)0.78
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.72
3 months CRS94.05
6 months CRS88.03
Mansfield2.27
10 Day High27.4
10 Day Low22.15
20 Day High27.4
20 Day Low21.27
52 Week High27.4
52 Week Low15.45
CS1 End21.37
CR1 StartN/A
Volume & EV
DER(3)-0.01%
DER(5)0.6%
Volume1.95M
Volume Incr7.34%
Vol(5)1.80M
Vol(50)1.14M
INGRAM MICRO HOLDING CORP / INGM TA FAQ
Can you provide the ChartMill technical rating for INGRAM MICRO HOLDING CORP?
ChartMill assigns a technical rating of 10 / 10 to INGM.
What is the trend direction for INGM stock?
The current trend direction for INGRAM MICRO HOLDING CORP (INGM) is Bullish.
What is the RSI signal for INGRAM MICRO HOLDING CORP (INGM) stock?
INGRAM MICRO HOLDING CORP (INGM) has an RSI value of 73.5829. This indicates that the stock is currently overbought.
Can you provide the short term momentum for INGRAM MICRO HOLDING CORP?
The short term momentum for INGRAM MICRO HOLDING CORP (INGM) is positive.
What is the support and resistance level for INGM stock?
INGRAM MICRO HOLDING CORP (INGM) has a support level at 21.37. Check the full technical report for our detailed analysis of INGM support and resistance levels.