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IGC

IGC Pharma·AMEX
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3.76 / 10
Netural

Technically, IGC Pharma scores 3.76/10, leaning bearish. The most recent candlestick patterns show an Inverted Hammer, Long Upper Shadow, and MACD Death Cross—all bearish signals—while only Marubozu White and Bearish Engulfing hint at limited upside. Historical win rates for these patterns are mixed, with the bearish indicators producing negative average returns. The overall technical picture is therefore one of indecision with a tilt toward downside pressure, warranting caution for short-term traders.

FundamentalSentimentTechnical(3.76)

Analysis Checks(2/6)

Long Upper Shadow
Score1/10
Win Rate33.33%
Hist. Signals42
Avg Return-1.51%
Long Lower Shadow
Score1.06/10
Win Rate40.91%
Hist. Signals44
Avg Return-1.14%
MACD Death Cross
Score1/10
Win Rate27.27%
Hist. Signals11
Avg Return-0.03%
Bearish Engulfing
Score8.4/10
Win Rate68.42%
Hist. Signals19
Avg Return2.11%
Inverted Hammer
Score4.33/10
Win Rate60.00%
Hist. Signals5
Avg Return-2.19%
Marubozu White
Score6.74/10
Win Rate56.52%
Hist. Signals23
Avg Return2.41%
Technical Analysis of IGC?
  • IGC presents a Netural setup with a Technical Score of 3.76/10. Key technical indicators highlight an RSI of 30.82 and a MACD of -0.01, with the trend anchored by the 50-Day SMA at 0.30. Traders should monitor key support at 0.24 and resistance at 0.26.