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ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis

BIT:IEG - Euronext Milan - IT0003411417 - Common Stock - Currency: EUR

7.5  -0.06 (-0.79%)

Technical Rating and Analysis

10

Overall IEG gets a technical rating of 10 out of 10. 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 8447 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IEG is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by IEG over the past year are nicely spread over this period.
IEG is part of the Media industry. There are 59 other stocks in this industry. IEG outperforms 79% of them.
IEG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so IEG slightly outperforms the market at the moment.
In the last month IEG has a been trading in the 6.44 - 7.78 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ITALIAN EXHIBITION GROUP SPA / IEG Weekly stock chart
ITALIAN EXHIBITION GROUP SPA / IEG Daily stock chart
Setup Rating and Analysis

8

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 resistance zone just above the current price starting at 7.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.39, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.62

7.65

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 7.11 to 7.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.80 from a trend line in the daily time frame.
  • Support @6.69 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 7.54 to 7.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS91.22
Mansfield2.23
10 Day High7.78
10 Day Low6.44
20 Day High7.78
20 Day Low6.44
52 Week High7.78
52 Week Low4.6
Performance
1 Week4.17%
2 Weeks2.74%
1 Month2.74%
3 Month2.46%
6 Month21.36%
12 Month54.96%
2 Year200%
3 Year198.81%
5 Year91.33%
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)0.01
RSI(14)56.65
LBB6.88
UBB7.68
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
7.587.100.48 (6.33%)15.79%
An entry @7.58. This is a Buy Stop order right above the resistance zone.An exit @7.10. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.48 points, which is 6.33%.For a 1.00% total portfolio risk, you can invest 15.79% 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.
ITALIAN EXHIBITION GROUP SPA / IEG Daily stock chart

ITALIAN EXHIBITION GROUP SPA

BIT:IEG (4/28/2025, 7:00:00 PM)

7.5

-0.06 (-0.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.79%
1 Week4.17%
2 Weeks2.74%
1 Month2.74%
3 Month2.46%
6 Month21.36%
12 Month54.96%
2 Year200%
3 Year198.81%
5 Year91.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.74%
ATR Inc-32.9%
Range Today0.12
ADR(20)0.24
ADR(20)%3.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.22
Mansfield2.23
10 Day High7.78
10 Day Low6.44
20 Day High7.78
20 Day Low6.44
52 Week High7.78
52 Week Low4.6
CS1 End7.39
CR1 Start7.54
Volume & EV
DER(3)0.39%
DER(5)0.24%
Volume1.67K
Volume Incr-54.56%
Vol(5)3.58K
Vol(50)8.45K