Technical Analysis for IGAC - IG Acquisition Corp.

Grade Last Price % Change Price Change
D 10.25 -1.25% -0.13
IGAC closed down 1.25 percent on Friday, February 26, 2021, on 78 percent of normal volume. It ran into resistance at its 50 day moving average. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical IGAC trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -1.25%
Older End-of-Day Signals for IGAC ...

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Profile

IG Acquisition Corp. is a blank check company .The company was incorporated in 2020 and is based in New York, New York.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Special Purpose Acquisition Company Private Equity

Is IGAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.25
52 Week Low 9.67
Average Volume 285,007
200-Day Moving Average 0.00
50-Day Moving Average 10.45
20-Day Moving Average 10.67
10-Day Moving Average 10.61
Average True Range 0.23
ADX 29.95
+DI 14.78
-DI 20.29
Chandelier Exit (Long, 3 ATRs ) 10.56
Chandelier Exit (Short, 3 ATRs ) 10.91
Upper Bollinger Band 11.06
Lower Bollinger Band 10.28
Percent B (%b) -0.04
BandWidth 7.33
MACD Line -0.01
MACD Signal Line 0.07
MACD Histogram -0.0764
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.66
Resistance 3 (R3) 10.69 10.59 10.59
Resistance 2 (R2) 10.59 10.49 10.57 10.56
Resistance 1 (R1) 10.42 10.42 10.37 10.39 10.54
Pivot Point 10.32 10.32 10.30 10.30 10.32
Support 1 (S1) 10.15 10.22 10.10 10.12 9.96
Support 2 (S2) 10.05 10.15 10.03 9.94
Support 3 (S3) 9.88 10.05 9.91
Support 4 (S4) 9.85