Ad is loading...
MENU

IG Stock Principal Investment Grd Corp Actv ETF (IG, $20.72) RSI Indicator left the oversold zone on November 04, 2024

A.I.dvisor
at Tickeron.com
Loading...
IG - Principal Investment Grd Corp Actv ETF
RSI signal
Bullish Trend
Odds of UP Trend
Tickeron
RSI signal
Price: $20.72
Daily change: +$0.12 (+0.56%)
Daily volume: 10.5K
Net Assets: $89.4M
This is a signal that IG's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 37 similar cases where IG's RSI Indicator left the oversold zone, and in of them led to a successful outcome. Odds of Success:

IG's RSI Oscillator climbs out of oversold territory

The RSI Oscillator for IG moved out of oversold territory on November 04, 2024. 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 37 similar instances when the indicator left oversold territory. In of the 37 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where IG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for IG just turned positive on November 07, 2024. Looking at past instances where IG's MACD turned positive, the stock continued to rise in of 48 cases over the following month. 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 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on November 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IG as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

IG moved below its 50-day moving average on October 17, 2024 date and that indicates a change from an upward trend to a downward trend.

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 .

IG broke above its upper Bollinger Band on November 08, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for IG entered a downward trend on November 21, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

View a ticker or compare two or three
IG
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Category IntermediateTermBond

Profile
Fundamentals
Details
Category
Corporate Bond
Address
Principal Exchange-Traded Funds655 9th StreetDes Moines
Phone
515-235-9328
Web
N/A