Western Asset Investment Grade Opportunity Trust (IGI) Technical Analysis: Signals, Charts & Indicators

2.91 / 10

Underperform

Technical score is 2.91/10, classified as underperform. Recent candlesticks show Inverted Hammer and Marubozu White patterns, both bearish, with no bullish signals, suggesting a weak price outlook.

Analysis Checks(0/3)

Long Upper Shadow

Score4.37/10

Win Rate50.00%

Hist. Signals2

Avg Return0.88%

Inverted Hammer

Score2.82/10

Win Rate46.15%

Hist. Signals13

Avg Return-0.33%

Marubozu White

Score1.55/10

Win Rate40.62%

Hist. Signals32

Avg Return-0.08%

What is the current technical signals for IGI?

IGI presents a Underperform setup with a Technical Score of 2.91/10. Key technical indicators highlight an RSI of 50.46 and a MACD of 0.03, with the trend anchored by the 50-Day SMA at 16.32. Traders should monitor key support at 15.97 and resistance at 16.17.