Stock Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
International General Insurance Holdings Ltd. - Ordinary Shares (NASDAQ:IGIC)
Long-Term Downtrend (-90) - IGIC is in a strong downtrend that is likely to continue. While IGIC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IGIC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IGIC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IGIC
The long-term trend has been DOWN since Apr 7th, 2021 at 7.150
The intermediate-term trend has been DOWN since Nov 17th, 2021 at 8.210
The short-term trend has been DOWN since Nov 16th, 2021 at 8.325
Smart Scan Analysis for IGIC
Based on our trend formula, IGIC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.05||52wk High Date||2021-04-05|
|52wk Low||6.75||52wk Low Date||2021-04-13|
|Average Volume||71,473||Shares Outstanding||48,573|