INTERCONTINENTAL HOTELS GROU (IHG.L) Stock Technical Analysis
LON:IHG - London Stock Exchange, The - GB00BHJYC057 - Common Stock - Currency: GBX
Taking everything into account, IHG scores 0 out of 10 in our technical rating. IHG'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.
Although the technical rating is bad, IHG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7846.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7683.50, a Stop Loss order could be placed below this zone.
More info and screens
7,155.72
2 important support areas can be observed.
- A support zone ranging from 7424.00 to 7683.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7228.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7846.01 to 7888.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
LON:IHG (4/25/2025, 5:36:15 PM)
7846
+66 (+0.85%)