IVECO GROUP NV (IVG.MI) Stock Technical Analysis
BIT:IVG - Euronext Milan - NL0015000LU4 - Common Stock - Currency: EUR
We assign a technical rating of 9 out of 10 to IVG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IVG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
IVG is part of the Machinery industry. There are 110 other stocks in this industry. IVG outperforms 85% of them.
IVG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IVG is lagging the market slightly.
IVG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
IVG has an average volume of 2389570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, IVG did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
IVG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 16.80, a Stop Loss order could be placed below this zone.
More info and screens
8.66
17.33
We found 5 important support areas.
- A support zone ranging from 15.05 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @13.94 from a trend line in the daily time frame.
- Support @9.77 from a trend line in the weekly time frame.
- Support @9.38 from a trend line in the weekly time frame.
- Support @8.75 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.75 to 17.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for IVG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVG.MI is up. |
| ChartMill Relative Strength | 90.43 | POSITIVE | IVG.MI has a high relative strength, it outperformed 90.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IVG.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVG.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.21 | NEUTRAL | The RSI value for IVG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests IVG.MI has a negative trend. |
| Stochastics (14,3) | 26.04 | NEUTRAL | The Stochastics value for IVG.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for IVG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for IVG.MI suggests a weak or negative 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)
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 |
|---|---|---|---|
| 17.17 | 16.74 | 0.43 (2.51%) | 25.00% |
| An entry @17.17. This is a Buy Stop order right above the 10 day moving average. | An exit @16.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.43 points, which is 2.51%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The distance between exit and entry is rather small compared to the average daily movement of IVG. Please evaluate whether better entry and exit points can be found.
- 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.
BIT:IVG (6/11/2025, 1:01:09 PM)
16.735
-0.07 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.42%
1 Week-0.77%
2 Weeks-6.12%
1 Month3.7%
3 Month3.73%
6 Month68.83%
12 Month60.51%
2 Year103.65%
3 Year233.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.26%
ATR Inc-21.25%
Range Today0.27
ADR(20)0.52
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.43
Mansfield3.55
10 Day High18.04
10 Day Low16.59
20 Day High18.11
20 Day Low15.02
52 Week High18.11
52 Week Low7.89
CS1 End16.8
CR1 StartN/A
Volume & EV
DER(3)1.65%
DER(5)1.13%
Volume257.40K
Volume Incr-32.9%
Vol(5)1.88M
Vol(50)2.39M