Stronger Sell Today IAG.L ranks #4227 as SELL CANDIDATE. Weaker Sell
Today IAG.L ranks #4227 as SELL CANDIDATE.

IAG.L stock IAMGOLD Corp

IAG.L stock
IAMGOLD Corp

April 24, 2019
Change -0.85%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Sell
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will IAG.L stock price go up or down on Fri, 26 Apr 2019?

IAMGOLD Corp Forecast and Stock Analysis

Technical IAG.L stock analysis for April 24, 2019.

Sell candidate since 2019-04-23 Loss -0.85%
Shorts 0.99% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta -0.39
ROA -0.74

IAMGOLD Corp fell by -0.85% in the last day from £539.00 to £534.40 and has now fallen 4 days in a row. The price has fallen in 5 of the last 10 days , but is still up by 2.26% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -2.79 million shares and in total 4.74 million shares bought and sold for approximately £2 531.50 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the IAG.L stock was £534.40. This is 0.85% less than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.46% from a day low at £533.80 to a day high of £541.60.

30 day high of the IAG.L stock price was £566.60 and low was £499.00.
90 day high was £667.80 and low was £499.00.
52 week high for the IAMGOLD Corp - £727.00 and low - £499.00.

Trend

IAMGOLD Corp lies the upper part of a wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at £553.81 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -23.11% during the next 3 months and, with 90% probability hold a price between £348.97 and £425.83 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. IAMGOLD Corp holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at £547.37 and £534.96. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday April 17, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Relative Strength Index (RSI)

RSI14 is 61 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

IAMGOLD Corp finds support from accumulated volume at £533.00.

Support: £533.00 Price: £534.40 Resistance: £539.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £7.80 (1.46%) between high and low. For the last week, the stock has had a daily average volatility of 2.95%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Stronger Sell Today IAG.L ranks #4227 as SELL CANDIDATE. Weaker Sell
Today IAG.L ranks #4227 as SELL CANDIDATE.