ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR
Taking everything into account, IEG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IEG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: IEG has an average volume of 7869 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IEG did better than 97% of all other stocks. On top of that, IEG also shows a nice and consistent pattern of rising prices.
IEG is part of the Media industry. There are 67 other stocks in this industry. IEG outperforms 90% of them.
IEG is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
IEG 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.
IEG 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 7.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.49
7.63
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.29 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.02 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.43 to 7.55. 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
CRS97.04
Mansfield1.66
10 Day High7.66
10 Day Low7.2
20 Day High7.7
20 Day Low7.18
52 Week High7.7
52 Week Low3.35
Performance
1 Week0.54%
2 Weeks0.27%
1 Month1.09%
3 Month18.97%
6 Month20.13%
12 Month120.24%
2 Year197.19%
3 Year176.12%
5 Year56.78%
10 YearN/A
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)-0.04
RSI(14)58.59
LBB7.26
UBB7.5
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 |
|---|---|---|---|
| 7.56 | 7.28 | 0.28 (3.70%) | 25.00% |
| An entry @7.56. This is a Buy Stop order right above the resistance zone. | An exit @7.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.28 points, which is 3.70%. | For a 0.93% 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 IEG. 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:IEG (3/6/2025, 7:00:00 PM)
7.4
-0.08 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-1.07%
1 Week0.54%
2 Weeks0.27%
1 Month1.09%
3 Month18.97%
6 Month20.13%
12 Month120.24%
2 Year197.19%
3 Year176.12%
5 Year56.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%2.82%
ATR Inc-36.36%
Range Today0.08
ADR(20)0.18
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.04
Mansfield1.66
10 Day High7.66
10 Day Low7.2
20 Day High7.7
20 Day Low7.18
52 Week High7.7
52 Week Low3.35
CS1 End7.39
CR1 Start7.43
Volume & EV
DER(3)0%
DER(5)0%
Volume8.97K
Volume Incr-16.65%
Vol(5)7.34K
Vol(50)7.87K