WESTERN ASST INV GR OPPOR TR (IGI) Stock Technical Analysis
NYSE:IGI - New York Stock Exchange, Inc. - US95790A1016 - Currency: USD
Taking everything into account, IGI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. IGI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, IGI is a bad performer in the overall market: 61% of all stocks are doing better.
IGI 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.
Warning: IGI has an average volume of 15108 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month IGI has a been trading in a tight range between 16.34 and 16.93.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, IGI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 16.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
16.03
18.36
When analyzing the support we notice one important area.
- A support zone ranging from 16.19 to 16.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 16.74 to 16.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.24 to 17.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.58 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 18.08 to 18.18. 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
CRS39.64
Mansfield-0.9
10 Day High16.93
10 Day Low16.51
20 Day High16.93
20 Day Low16.34
52 Week High18.3
52 Week Low16.09
Performance
1 Week-0.12%
2 Weeks0.18%
1 Month1.78%
3 Month0.36%
6 Month-6.17%
12 Month-1.53%
2 Year1.03%
3 Year-12.87%
5 Year-18.87%
10 Year-22.16%
15 Year-17.27%
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)56.06
LBB16.56
UBB16.86
NYSE:IGI (2/21/2025, 8:27:49 PM)
16.72
-0.13 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.77%
1 Week-0.12%
2 Weeks0.18%
1 Month1.78%
3 Month0.36%
6 Month-6.17%
12 Month-1.53%
2 Year1.03%
3 Year-12.87%
5 Year-18.87%
10 Year-22.16%
15 Year-17.27%
Volatility
ATR(14)0.16
ATR(20)%0.84%
ATR Inc23.99%
Range Today0.2
ADR(20)0.13
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.64
Mansfield-0.9
10 Day High16.93
10 Day Low16.51
20 Day High16.93
20 Day Low16.34
52 Week High18.3
52 Week Low16.09
CS1 End16.65
CR1 Start16.74
Volume & EV
DER(3)-2.19%
DER(5)1.25%
Volume9.80K
Volume Incr-6.7%
Vol(5)8.84K
Vol(50)15.11K