IG Stock Tickeron detected bullish ETF Pattern: Wedge Rising IG on February 24, 2025, netting in a 0.69% gain over 1 month

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IG - Principal Investment Grd Corp Actv ETF

Ticker: IG

Company: Principal Investment Grd Corp Actv ETF

Gain: +0.69%

Confirmed: 02/24/25

Succeeded: 04/02/25

Total length: 40 days

IG's RSI Indicator climbs out of oversold territory

The RSI Indicator for IG moved out of oversold territory on April 14, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 41 similar instances when the indicator left oversold territory. In of the 41 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 23, 2025. You may want to consider a long position or call options on IG as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IG advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

IG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 52 cases where IG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for IG turned negative on April 07, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

IG moved below its 50-day moving average on April 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for IG crossed bearishly below the 50-day moving average on April 11, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .