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ITALGAS SPA (IG.MI) Stock Technical Analysis

BIT:IG - Euronext Milan - IT0005211237 - Common Stock - Currency: EUR

7.08  +0.01 (+0.21%)

Technical Rating and Analysis

10

Overall IG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IG is one of the better performing stocks in the market, outperforming 92% of all stocks.
IG is one of the better performing stocks in the Gas Utilities industry, it outperforms 75% of 5 stocks in the same industry.
IG 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.
In the last month IG has a been trading in the 6.26 - 7.11 range, which is quite wide. It is currently trading near the high of this range.
IG has an average volume of 4144290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
ITALGAS SPA / IG Weekly stock chart
ITALGAS SPA / IG Daily stock chart
Setup Rating and Analysis

3

Although IG has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

4.66

7.15

6 important support areas can be observed.

  • A support zone ranging from 6.52 to 6.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.34 to 6.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.91 from a trend line in the weekly time frame.
  • Support @5.71 from a trend line in the daily time frame.
  • Support @5.37 from a horizontal line in the daily time frame.
  • Support @4.71 from a horizontal line in the weekly 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
CRS92.37
Mansfield3.22
10 Day High7.11
10 Day Low6.38
20 Day High7.11
20 Day Low6.26
52 Week High7.11
52 Week Low4.57
Performance
1 Week4.36%
2 Weeks7.7%
1 Month9.88%
3 Month26.84%
6 Month23.19%
12 Month36%
2 Year19.14%
3 Year14.32%
5 Year38.39%
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)0.03
RSI(14)67.41
LBB6.28
UBB7.19
ITALGAS SPA / IG Daily stock chart

ITALGAS SPA

BIT:IG (4/25/2025, 3:55:11 PM)

7.08

+0.01 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.21%
1 Week4.36%
2 Weeks7.7%
1 Month9.88%
3 Month26.84%
6 Month23.19%
12 Month36%
2 Year19.14%
3 Year14.32%
5 Year38.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%2.28%
ATR Inc-26.82%
Range Today0.1
ADR(20)0.15
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.37
Mansfield3.22
10 Day High7.11
10 Day Low6.38
20 Day High7.11
20 Day Low6.26
52 Week High7.11
52 Week Low4.57
CS1 End6.55
CR1 StartN/A
Volume & EV
DER(3)0.44%
DER(5)-2.25%
Volume831.73K
Volume Incr-38.38%
Vol(5)3.14M
Vol(50)4.14M