ITALIAN EXHIBITION GROUP SPA (IEG.MI) Stock Technical Analysis
BIT:IEG - Borsa Italiana Milan - IT0003411417 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to IEG. 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 7953 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. 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 69 other stocks in this industry. IEG outperforms 94% of them.
IEG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although IEG has an excellent technical rating, the quality of the presented setup is not ideal 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
6.35
7.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.22 to 7.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.41 to 6.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.45 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
CRS97.99
Mansfield2.05
10 Day High7.7
10 Day Low7.18
20 Day High7.7
20 Day Low6.16
52 Week High7.7
52 Week Low2.73
Performance
1 Week0%
2 Weeks-0.27%
1 Month19.23%
3 Month19.61%
6 Month10.39%
12 Month170.55%
2 Year191.77%
3 Year170.55%
5 Year88.35%
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
RSI(14)66.34
LBB6.97
UBB7.65
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 | 7.21 | 0.35 (4.63%) | 21.60% |
| An entry @7.56. This is a Buy Stop order right above the resistance zone. | An exit @7.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.35 points, which is 4.63%. | For a 1.00% total portfolio risk, you can invest 21.60% 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
BIT:IEG (2/4/2025, 7:00:00 PM)
7.44
+0.14 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.92%
1 Week0%
2 Weeks-0.27%
1 Month19.23%
3 Month19.61%
6 Month10.39%
12 Month170.55%
2 Year191.77%
3 Year170.55%
5 Year88.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%3.1%
ATR Inc30.99%
Range Today0.5
ADR(20)0.19
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.99
Mansfield2.05
10 Day High7.7
10 Day Low7.18
20 Day High7.7
20 Day Low6.16
52 Week High7.7
52 Week Low2.73
CS1 End7.35
CR1 Start7.45
Volume & EV
DER(3)0%
DER(5)0%
Volume10.70K
Volume Incr-58.74%
Vol(5)4.77K
Vol(50)7.95K