INGREDION INC (INGR) Stock Technical Analysis
NYSE:INGR - US4571871023 - Common Stock
125.95 USD
-1.12 (-0.88%)
125.95 USD
0 (0%)
We assign a technical rating of 0 out of 10 to INGR. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
82% of all other stocks performed better in the past year than INGR.
INGR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
INGR is part of the Food Products industry. There are 88 other stocks in this industry, INGR did better than 54% of them.
In the last month INGR has a been trading in a tight range between 124.77 and 130.47.
Although the technical rating is bad, INGR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 125.93, a Stop Loss order could be placed below this zone.
More info and screens
121.99
142.37
We found 2 important support areas.
- Support @125.93 from a horizontal line in the weekly time frame.
- A support zone ranging from 123.22 to 123.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 126.27 to 130.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 134.05 to 137.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 140.82 to 140.96. 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 | 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 | 18.59 | NEGATIVE | INGR has a low relative strength, it was outperformed by 81.41% 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) | 37.54 | NEUTRAL | The RSI value for INGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests INGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.25 | NEUTRAL | The Stochastics value for INGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for INGR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.49 | NEUTRAL | The ADX value for INGR suggests a possible start of a new 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)
125.95
-1.12 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.88%
1 Week-1.47%
2 Weeks-1.66%
1 Month-0.71%
3 Month-8.9%
6 Month-4.07%
12 Month-6.43%
2 Year28%
3 Year56.42%
5 Year66.42%
10 Year44.26%
15 YearN/A
Volatility
ATR(14)1.8
ATR(20)%1.42%
ATR Inc-4.1%
Range Today1.68
ADR(20)1.73
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.59
Mansfield-1.51
10 Day High130.48
10 Day Low125.17
20 Day High130.48
20 Day Low124.77
52 Week High155.44
52 Week Low120.51
CS1 End125.93
CR1 Start126.27
Volume & EV
DER(3)-1.96%
DER(5)-0.04%
Volume415.70K
Volume Incr-6.2%
Vol(5)392.80K
Vol(50)455.28K