INGREDION INC (INGR) Stock Technical Analysis
NYSE:INGR - New York Stock Exchange, Inc. - US4571871023 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to INGR. INGR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month INGR has a been trading in the 128.65 - 138.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, INGR outperforms 51% of them, which is more or less in line with the market.
INGR is an average performer in the Food Products industry, it outperforms 68% of 91 stocks in the same industry.
INGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so INGR is lagging the market.
Although the technical rating is bad, INGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
125.01
142.37
We found 1 important support area.
- A support zone ranging from 126.27 to 126.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 133.41 to 137.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 140.95 to 140.96. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for INGR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGR is down. |
| ChartMill Relative Strength | 51.57 | NEUTRAL | INGR is not amongst the best or worst performers 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) | 40.32 | NEUTRAL | The RSI value for INGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests INGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.55 | NEUTRAL | The Stochastics value for INGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for INGR suggests low volalility. |
| Average Directional Index/ADX (14) | 20.94 | 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)
133.07
+0.33 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.25%
1 Week-0.05%
2 Weeks-1.95%
1 Month-1.71%
3 Month2.2%
6 Month-1.98%
12 Month9.78%
2 Year19.6%
3 Year46.26%
5 Year53.84%
10 Year50.87%
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%1.75%
ATR Inc-26.69%
Range Today1.45
ADR(20)2.31
ADR(20)%1.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.57
Mansfield-1.04
10 Day High137.29
10 Day Low128.65
20 Day High138.4
20 Day Low128.65
52 Week High155.44
52 Week Low118.85
CS1 End126.79
CR1 Start133.41
Volume & EV
DER(3)-2.9%
DER(5)-1.66%
Volume309.10K
Volume Incr-21.15%
Vol(5)406.98K
Vol(50)442.91K