IAMGOLD CORP (IAG)

CA4509131088 - Common Stock

5.245  +0.09 (+1.84%)

Technical Rating and Analysis

7

Overall IAG gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month IAG has a been trading in the 5.05 - 5.92 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that IAG is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, IAG also shows a nice and consistent pattern of rising prices.
IAG is one of the better performing stocks in the Metals & Mining industry, it outperforms 93% of 155 stocks in the same industry.
IAG 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 IAG is lagging the market slightly.
IAG has an average volume of 7799140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
IAG Weekly chart
IAG Daily chart
Setup Rating and Analysis

7

IAG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

3.46

5.30

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 5.14 to 5.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @4.53 from a horizontal line in the daily time frame.
  • Support @4.21 from a trend line in the daily time frame.
  • Support @3.49 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.6
Mansfield1.34
10 Day High5.92
10 Day Low5.05
20 Day High5.92
20 Day Low5.05
52 Week High6.37
52 Week Low2.23
Performance
1 Week-3.01%
2 Weeks-8.53%
1 Month-3.38%
3 Month-2.46%
6 Month37.33%
12 Month103.56%
2 Year99.61%
3 Year64.54%
5 Year38.07%
10 Year90.74%
15 Year-67.07%
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)-0.05
RSI(14)43.57
LBB4.91
UBB5.84
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
5.325.130.19 (3.57%)25.00%
An entry @5.32. This is a Buy Stop order right above the resistance zone.An exit @5.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.19 points, which is 3.57%.For a 0.89% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of IAG. 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.
IAG Daily chart

IAMGOLD CORP

NYSE:IAG (12/26/2024, 10:29:10 AM)

5.245

+0.09 (+1.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.84%
1 Week-3.01%
2 Weeks-8.53%
1 Month-3.38%
3 Month-2.46%
6 Month37.33%
12 Month103.56%
2 Year99.61%
3 Year64.54%
5 Year38.07%
10 Year90.74%
15 Year-67.07%
Volatility
ATR(14)0.23
ATR(20)%4.17%
ATR Inc-51.86%
Range Today0.15
ADR(20)0.19
ADR(20)%3.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.6
Mansfield1.34
10 Day High5.92
10 Day Low5.05
20 Day High5.92
20 Day Low5.05
52 Week High6.37
52 Week Low2.23
CS1 End5.14
CR1 Start5.21
Volume & EV
DER(3)2.65%
DER(5)2.04%
Volume457.24K
Volume Incr14.16%
Vol(5)7.25M
Vol(50)7.80M