INGREDION INC (INGR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:INGR - US4571871023 - Common Stock
Overall INGR gets a technical rating of 1 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.
INGR has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
104.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 109.69 to 113.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 113.58 to 113.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @127.29 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for INGR is neutral. |
| ChartMill Relative Strength | 20.12 | NEGATIVE | INGR has a low relative strength, it was outperformed by 79.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of INGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of INGR is above 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) | 62.02 | NEUTRAL | The RSI value for INGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests INGR has a positive trend. |
| Stochastics (14,3) | 73.72 | NEUTRAL | The Stochastics value for INGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for INGR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.28 | NEGATIVE | The low ADX value for INGR suggests a weak or negative trend. |
113.57
+0.66 (+0.58%)
INGREDION INC / INGR FAQ
Can you provide the ChartMill technical rating for INGREDION INC?
ChartMill assigns a technical rating of 1 / 10 to INGR.
Can you provide the trend direction for INGREDION INC?
The current trend direction for INGREDION INC (INGR) is Bearish.
Can you provide the RSI signal for INGREDION INC?
INGREDION INC (INGR) has an RSI value of 62.0235. This indicates that the stock is currently neutral.
What is the MACD signal for INGREDION INC (INGR) stock?
The MACD indicator for INGREDION INC (INGR) has a value of 0.258143, indicating a bearish trend.