INGREDION INC (INGR) Stock Technical Analysis
USA - NYSE:INGR - US4571871023 - Common Stock
Overall INGR gets a technical rating of 0 out of 10. INGR 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 technical rating of INGR 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
106.33
We can see 4 important resistance areas.
- A resistance zone ranging from 120.75 to 122.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @126.27 from a horizontal line in the daily time frame.
- A resistance zone ranging from 129.09 to 130.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @137.36 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 INGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGR is down. |
| ChartMill Relative Strength | 12.42 | NEGATIVE | INGR has a low relative strength, it was outperformed by 87.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 14.24 | OVERSOLD | The low RSI value suggests INGR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests INGR has a negative trend. |
| Stochastics (14,3) | 14.38 | OVERSOLD | The low Stochastics value suggests INGR may be oversold. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for INGR suggests some volalility. |
| Average Directional Index/ADX (14) | 40.82 | POSITIVE | The high ADX value value for INGR suggests a strong trend. |
107.4
-6.73 (-5.9%)
INGREDION INC / INGR FAQ
Can you provide the ChartMill technical rating for INGREDION INC?
ChartMill assigns a technical rating of 0 / 10 to INGR.
What is the current trend direction of INGREDION INC (INGR) stock?
The current trend direction for INGREDION INC (INGR) is Bearish.
What is the RSI signal for INGR stock?
INGREDION INC (INGR) has an RSI value of 14.2387. This indicates that the stock is currently oversold.
What is the short term momentum for INGR stock?
The short term momentum for INGREDION INC (INGR) is negative.
What are the support and resistance levels for INGREDION INC (INGR) stock?
INGREDION INC (INGR) has a resistance level at 120.75. Check the full technical report for our detailed analysis of INGR support and resistance levels.