INGREDION INC (INGR)
US4571871023 - Common Stock
We assign a technical rating of 6 out of 10 to INGR. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, INGR is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
INGR is part of the Food Products industry. There are 92 other stocks in this industry. INGR outperforms 72% of them.
INGR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so INGR is performing more or less in line with the market.
When comparing the performance of all stocks over the past year, INGR turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
In the last month INGR has a been trading in a tight range between 109.51 and 115.59.
INGR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 115.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.16, a Stop Loss order could be placed below this zone.
More info and screens
94.67
119.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 112.36 to 115.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 109.15 to 110.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.32 from a horizontal line in the daily time frame.
- Support @95.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 115.86 to 118.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.65
Mansfield-0.13
10 Day High115.59
10 Day Low112.2
20 Day High115.59
20 Day Low109.51
52 Week High118.83
52 Week Low89.54
Performance
1 Week0.67%
2 Weeks2.6%
1 Month0.19%
3 Month3.62%
6 Month20.19%
12 Month6.32%
2 Year21.71%
3 Year21.41%
5 Year51.33%
10 Year51.35%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)55.29
LBB110.44
UBB116.65
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 118.11 | 112.35 | 5.76 (4.88%) | 20.51% |
| An entry @118.11. This is a Buy Stop order right above the resistance zone. | An exit @112.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.76 points, which is 4.88%. | When investing 20.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
INGREDION INC
NYSE:INGR (5/2/2024, 7:04:00 PM)
After market: 115.25 0 (0%)115.25
+0.95 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.83%
1 Week0.67%
2 Weeks2.6%
1 Month0.19%
3 Month3.62%
6 Month20.19%
12 Month6.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.5
ATR(20)%1.28%
ATR Inc
Range Today1.57
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High115.59
10 Day Low112.2
20 Day High115.59
20 Day Low109.51
52 Week High118.83
52 Week Low89.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume266.20K
Volume Incr-17.78%
Vol(5)270.84K
Vol(50)379.36K