Technical Analysis for IGO - Independence Group NL

Grade Last Price % Change Price Change
F 7.270 0.55% 0.040
IGO closed up 0.55 percent on Wednesday, April 24, 2024, on 49 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: Apr 26
*** please verify all earnings dates ***
20 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Bollinger Band Squeeze Range Contraction 0.55%
Narrow Range Bar Range Contraction 0.55%
Inside Day Range Contraction 0.55%
20 DMA Resistance Bearish 0.55%
50 DMA Resistance Bearish 0.55%
Bollinger Band Squeeze Range Contraction 0.55%
Gapped Up Strength 0.55%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 23 hours ago
Outside Day about 23 hours ago
Down 3% 1 day ago
Down 2% 1 day ago
Fell Below Previous Day's Low 1 day ago

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Profile

Independence Group NL Description

Independence Group NL is an Australia-based company, which is engaged in non-operator gold mining from the Company's interests in the Tropicana Gold Mine, nickel mining at the Long Operation, zinc and by-product mining at the Jaguar Operations, development of the Nova Project and ongoing mineral exploration. The Company's segments include the Tropicana Operation, the Long Operation, the Jaguar Operation, the Nova Project, and New Business and Regional Exploration Activities (New Business). The Tropicana Operation represents the Company's 30% joint venture interest in the Tropicana Gold Mine. The Long Operation produces primarily nickel, together with copper, from which its revenue is derived. The Jaguar Operation primarily produces copper and zinc concentrate. The Nova Project comprises the construction and development of the Nova nickel, copper and cobalt mine, located east of Norseman in Western Australia.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Gold Chemistry Copper Mineral Exploration Chemical Elements Nickel Construction Zinc Cobalt Gold Mine Transition Metals Dietary Minerals Ferromagnetic Materials Gold Mining Norseman Nickel Mine First Quantum Minerals Nickel Mining Tropicana Gold Mine

Is IGO 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 15.7071
52 Week Low 6.6518
Average Volume 6,923,729
200-Day Moving Average 9.771
50-Day Moving Average 7.372
20-Day Moving Average 7.273
10-Day Moving Average 7.332
Average True Range 0.252
RSI (14) 48.19
ADX 13.35
+DI 18.394
-DI 30.248
Chandelier Exit (Long, 3 ATRs) 6.954
Chandelier Exit (Short, 3 ATRs) 7.616
Upper Bollinger Bands 7.677
Lower Bollinger Band 6.868
Percent B (%b) 0.5
BandWidth 11.132
MACD Line -0.040
MACD Signal Line -0.028
MACD Histogram -0.0111
Fundamentals Value
Market Cap 4.3 Billion
Num Shares 591 Million
EPS 0.26
Price-to-Earnings (P/E) Ratio 27.85
Price-to-Sales 3.08
Price-to-Book 1.39
PEG Ratio 0.00
Dividend 0.10
Dividend Yield 1.38%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.675
Resistance 3 (R3) 7.630 7.450 7.608
Resistance 2 (R2) 7.450 7.347 7.473 7.585
Resistance 1 (R1) 7.360 7.283 7.405 7.405 7.562
Pivot Point 7.180 7.180 7.203 7.203 7.180
Support 1 (S1) 7.090 7.077 7.135 7.135 6.978
Support 2 (S2) 6.910 7.013 6.933 6.955
Support 3 (S3) 6.820 6.910 6.933
Support 4 (S4) 6.865