INGREDION INC (INGR) Technical Analysis
NYSE:INGR • US4571871023
Current stock price
INGR Technical Rating and Analysis
Overall INGR gets a technical rating of 2 out of 10. INGR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, INGR is a bad performer in the overall market: 79% of all stocks are doing better.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- INGR is part of the Food Products industry. There are 87 other stocks in this industry, INGR did better than 51% of them.
- In the last month INGR has a been trading in a tight range between 110.64 and 116.48.
INGR Weekly and Daily overview Charts
INGR Setup Rating and Analysis
INGR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 109.79, a Stop Loss order could be placed below this zone.
More info and screens
INGR Support and Resistance Analysis
104.80
We found 2 important support areas.
- A support zone ranging from 109.31 to 109.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 105.86 to 107.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 113.11 to 115.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @117.92 from a horizontal line in the daily time frame.
- A resistance zone ranging from 120.11 to 121.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
INGR 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 | NEUTRAL | NEUTRAL | The long term trend for INGR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INGR is neutral. |
| ChartMill Relative Strength | 21.43 | NEGATIVE | INGR has a low relative strength, it was outperformed by 78.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INGR is below the rising 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) | 47.25 | NEUTRAL | The RSI value for INGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests INGR has a negative trend. |
| Stochastics (14,3) | 30.31 | NEUTRAL | The Stochastics value for INGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for INGR suggests low volalility. |
| Average Directional Index/ADX (14) | 13.48 | NEGATIVE | The low ADX value for INGR suggests a weak or negative trend. |
INGR Chart- and CandleStick Pattern Analysis
INGR Technicals: Chart, Performance Metrics, Trend & Indicators
112.69
-0.2 (-0.18%)
INGREDION INC / INGR TA FAQ
Can you provide the ChartMill technical rating for INGREDION INC?
ChartMill assigns a technical rating of 2 / 10 to INGR.
Can you provide the trend direction for INGREDION INC?
The current trend direction for INGREDION INC (INGR) is Bearish.
What is the RSI signal for INGREDION INC (INGR) stock?
INGREDION INC (INGR) has an RSI value of 47.2507. This indicates that the stock is currently neutral.
What is the short term momentum for INGR stock?
The short term momentum for INGREDION INC (INGR) is neutral.
Can you provide the support and resistance levels for INGREDION INC?
INGREDION INC (INGR) has a support level at 109.79 and a resistance level at 113.11. Check the full technical report for our detailed analysis of INGR support and resistance levels.