IGC PHARMA INC (IGC) Stock Technical Analysis
NYSEARCA:IGC - NYSE Arca - US45408X3089 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to IGC. IGC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, IGC is a bad performer in the overall market: 79% of all stocks are doing better.
IGC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month IGC has a been trading in the 0.25 - 0.32 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
IGC is part of the Pharmaceuticals industry. There are 199 other stocks in this industry, IGC did better than 54% of them.
Although the technical rating is bad, IGC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.32. Right above this resistance zone may be a good entry point.
More info and screens
0.27
0.36
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.34 from a horizontal line in the weekly time frame.
- Resistance @0.36 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.15
Mansfield-1.97
10 Day High0.32
10 Day Low0.27
20 Day High0.32
20 Day Low0.25
52 Week High0.63
52 Week Low0.25
Performance
1 Week5.43%
2 Weeks11.19%
1 Month-0.3%
3 Month-10.53%
6 Month-24.45%
12 Month-34.69%
2 Year-13.3%
3 Year-59.59%
5 Year-44.61%
10 Year-46.59%
15 Year-97.92%
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)52.97
LBB0.26
UBB0.31
0.2991
-0.01 (-4.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.68%
1 Week5.43%
2 Weeks11.19%
1 Month-0.3%
3 Month-10.53%
6 Month-24.45%
12 Month-34.69%
2 Year-13.3%
3 Year-59.59%
5 Year-44.61%
10 Year-46.59%
15 Year-97.92%
Volatility
ATR(14)0.02
ATR(20)%6.5%
ATR Inc25.64%
Range Today0.03
ADR(20)0.02
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.15
Mansfield-1.97
10 Day High0.32
10 Day Low0.27
20 Day High0.32
20 Day Low0.25
52 Week High0.63
52 Week Low0.25
CS1 End0.3
CR1 Start0.32
Volume & EV
DER(3)1%
DER(5)-2.96%
Volume323.70K
Volume Incr41.22%
Vol(5)340.98K
Vol(50)336.71K