Technical Analysis for IGO - Independence Group NL
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Wide Bands | Range Expansion | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Wide Bands | Range Expansion | 2.96% | |
| Oversold Stochastic | Weakness | 2.96% | |
| Jack-in-the-Box Bearish | Bearish Swing Setup | 3.87% | |
| Inside Day | Range Contraction | 3.87% | |
| Wide Bands | Range Expansion | 3.87% | |
| Oversold Stochastic | Weakness | 3.87% | |
| New 52 Week Closing Low | Bearish | 5.91% |
| Alert | Time |
|---|---|
| 10 DMA Resistance | about 8 hours ago |
| Rose Above 10 DMA | about 8 hours ago |
| Up 1 ATR | about 8 hours ago |
| Up 3% | about 8 hours ago |
| Up 2% | about 8 hours ago |
Free Daily (Stock) Chart Reading
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
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 15.7071 |
| 52 Week Low | 5.43 |
| Average Volume | 3,617,203 |
| 200-Day Moving Average | 8.393 |
| 50-Day Moving Average | 7.117 |
| 20-Day Moving Average | 6.407 |
| 10-Day Moving Average | 5.910 |
| Average True Range | 0.223 |
| RSI (14) | 32.43 |
| ADX | 38.62 |
| +DI | 15.979 |
| -DI | 39.766 |
| Chandelier Exit (Long, 3 ATRs) | 6.781 |
| Chandelier Exit (Short, 3 ATRs) | 6.099 |
| Upper Bollinger Bands | 7.490 |
| Lower Bollinger Band | 5.324 |
| Percent B (%b) | 0.27 |
| BandWidth | 33.794 |
| MACD Line | -0.434 |
| MACD Signal Line | -0.395 |
| MACD Histogram | -0.039 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 6.465 | ||||
| Resistance 3 (R3) | 6.430 | 6.210 | 6.373 | ||
| Resistance 2 (R2) | 6.210 | 6.069 | 6.228 | 6.342 | |
| Resistance 1 (R1) | 6.060 | 5.981 | 6.135 | 6.095 | 6.311 |
| Pivot Point | 5.840 | 5.840 | 5.878 | 5.858 | 5.840 |
| Support 1 (S1) | 5.690 | 5.699 | 5.765 | 5.725 | 5.509 |
| Support 2 (S2) | 5.470 | 5.611 | 5.488 | 5.478 | |
| Support 3 (S3) | 5.320 | 5.470 | 5.448 | ||
| Support 4 (S4) | 5.355 |
