INTERNATIONAL GENERAL INSURA (IGIC) Stock Technical Analysis
NASDAQ:IGIC - Nasdaq - BMG4809J1062 - Common Stock - Currency: USD
Overall IGIC gets a technical rating of 7 out of 10. In the last year, IGIC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IGIC has a been trading in the 24.16 - 27.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that IGIC is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, IGIC also shows a nice and consistent pattern of rising prices.
IGIC is part of the Insurance industry. There are 143 other stocks in this industry. IGIC outperforms 96% of them.
IGIC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so IGIC slightly outperforms the market at the moment.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although IGIC 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
17.03
25.21
When analyzing the support we can see 3 important areas.
- Support @23.45 from a horizontal line in the daily time frame.
- A support zone ranging from 23.08 to 23.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.44 to 24.96. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS95.32
Mansfield2.62
10 Day High27.76
10 Day Low24.16
20 Day High27.76
20 Day Low24.16
52 Week High27.76
52 Week Low12.36
Performance
1 Week-6.92%
2 Weeks-8.88%
1 Month-2.06%
3 Month-5.17%
6 Month38.83%
12 Month96.04%
2 Year198.43%
3 Year214.76%
5 Year209.25%
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)-0.27
RSI(14)42.95
LBB24.52
UBB27.74
NASDAQ:IGIC (3/6/2025, 1:37:20 PM)
24.3
-0.44 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-1.78%
1 Week-6.92%
2 Weeks-8.88%
1 Month-2.06%
3 Month-5.17%
6 Month38.83%
12 Month96.04%
2 Year198.43%
3 Year214.76%
5 Year209.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%4.04%
ATR Inc14.32%
Range Today0.78
ADR(20)1
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.32
Mansfield2.62
10 Day High27.76
10 Day Low24.16
20 Day High27.76
20 Day Low24.16
52 Week High27.76
52 Week Low12.36
CS1 End24.44
CR1 StartN/A
Volume & EV
DER(3)-3.78%
DER(5)-4.07%
Volume32.20K
Volume Incr10.77%
Vol(5)91.98K
Vol(50)84.63K