IGC PHARMA INC (IGC)

US45408X3089 - Common Stock

0.375  +0.02 (+5.34%)

After market: 0.4024 +0.03 (+7.31%)

Technical Rating and Analysis

3

Overall IGC gets a technical rating of 3 out of 10. IGC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

IGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
IGC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 70% of 194 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, IGC outperforms 59% of them, which is more or less in line with the market.
In the last month IGC has a been trading in the 0.33 - 0.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
IGC Weekly chart
IGC Daily chart
Setup Rating and Analysis

8

IGC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IGC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

0.32

0.43

We found 3 important support areas.

  • A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.32 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @0.43 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
CRS59.6
Mansfield-1.42
10 Day High0.4
10 Day Low0.33
20 Day High0.41
20 Day Low0.33
52 Week High0.91
52 Week Low0.25
Performance
1 Week6.84%
2 Weeks-1.32%
1 Month-7.41%
3 Month4.28%
6 Month-23%
12 Month17.19%
2 Year1.35%
3 Year-71.37%
5 Year-51.3%
10 Year-60.94%
15 Year-96.95%
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)52.43
LBB0.33
UBB0.4
IGC Daily chart

IGC PHARMA INC

NYSEARCA:IGC (11/25/2024, 8:04:00 PM)

After market: 0.4024 +0.03 (+7.31%)

0.375

+0.02 (+5.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5.34%
1 Week6.84%
2 Weeks-1.32%
1 Month-7.41%
3 Month4.28%
6 Month-23%
12 Month17.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%6.25%
ATR Inc
Range Today0.04
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.4
10 Day Low0.33
20 Day High0.41
20 Day Low0.33
52 Week High0.91
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume885.67K
Volume Incr34.86%
Vol(5)332.67K
Vol(50)445.10K