INGREDION INC (INGR) Stock Technical Analysis
NYSE:INGR - New York Stock Exchange, Inc. - US4571871023 - Common Stock - Currency: USD
Overall INGR gets a technical rating of 4 out of 10. Although INGR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
INGR is part of the Food Products industry. There are 89 other stocks in this industry. INGR outperforms 79% of them.
In the last month INGR has a been trading in the 120.51 - 137.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that INGR is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by INGR over the past year are nicely spread over this period. However, INGR's most recent performance is quite weak.
INGR is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
INGR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 130.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.79, 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
118.81
138.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 130.00 to 130.88. 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 126.27 to 126.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.21 from a horizontal line in the daily time frame.
- Support @120.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 131.07 to 133.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 136.80 to 137.51. This zone is formed by a combination of multiple trend lines 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
CRS79.58
Mansfield0.31
10 Day High132.33
10 Day Low127.18
20 Day High137.8
20 Day Low120.51
52 Week High155.44
52 Week Low111.54
Performance
1 Week2.06%
2 Weeks0.85%
1 Month-2.91%
3 Month-3.94%
6 Month-2.03%
12 Month14.4%
2 Year23.44%
3 Year53.99%
5 Year61.4%
10 Year65.06%
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)0.18
RSI(14)51.19
LBB125.19
UBB133.21
131.06
+0.86 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.66%
1 Week2.06%
2 Weeks0.85%
1 Month-2.91%
3 Month-3.94%
6 Month-2.03%
12 Month14.4%
2 Year23.44%
3 Year53.99%
5 Year61.4%
10 Year65.06%
15 YearN/A
Volatility
ATR(14)3.51
ATR(20)%2.78%
ATR Inc-53.14%
Range Today1.57
ADR(20)3.5
ADR(20)%2.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.58
Mansfield0.31
10 Day High132.33
10 Day Low127.18
20 Day High137.8
20 Day Low120.51
52 Week High155.44
52 Week Low111.54
CS1 End126.79
CR1 Start130.59
Volume & EV
DER(3)-0.6%
DER(5)-0.7%
Volume523.74K
Volume Incr-25.24%
Vol(5)380.97K
Vol(50)626.61K