INTERNATIONAL GAME TECHNOLOGY
INTERNATIONAL GAME TECHNOLOGY
- USD (-)
- 15 min delayed data - NYSE Stocks
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Type: Stocks
Ticker: IGT
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INTERNATIONAL GAME TECHNOLOGY - Daily - Technical analysis published on 09/30/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
44%
6%
50%
My opinion
Bullish above 14.13 USD
My targets
14.78 USD (+4.01%)
16.34 USD (+14.99%)
My analysis
The bullish trend is currently very strong on INTERNATIONAL GAME TECHNOLOGY. As long as the price remains above the support at 14.13 USD, you could try to benefit from the boom. The first bullish objective is located at 14.78 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 16.34 USD as an objective. Crossing it would then enable buyers to target 17.71 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The INTERNATIONAL GAME TECHNOLOGY rating is 14.21 USD. The price registered an increase of +0.71% on the session with the lowest point at 13.91 USD and the highest point at 14.31 USD. The deviation from the price is +2.16% for the low point and -0.70% for the high point.

13.91
14.31
14.21

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of INTERNATIONAL GAME TECHNOLOGY in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 12.46 13.64 14.13 14.21 14.78 16.34 17.71
Change (%) -12.32% -4.01% -0.56% - +4.01% +14.99% +24.63%
Change -1.75 -0.57 -0.08 - +0.57 +2.13 +3.50
Level Major Intermediate Major - Major Minor Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard13.3913.7313.9214.2614.4514.7914.98
Camarilla13.9614.0114.0614.1114.1614.2114.26
Woodie13.3213.6913.8514.2214.3814.7514.91
Fibonacci13.7313.9314.0614.2614.4614.5914.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard12.9013.3813.7514.2314.6015.0815.45
Camarilla13.8813.9514.0314.1114.1914.2714.34
Woodie12.8413.3513.6914.2014.5415.0515.39
Fibonacci13.3813.7113.9114.2314.5614.7615.08


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard7.629.4710.7312.5813.8315.6816.94
Camarilla11.1311.4111.7011.9812.2712.5512.83
Woodie7.329.3210.4312.4313.5315.5316.64
Fibonacci9.4710.6611.3912.5813.7614.5015.68

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.34
MACD (12,26,9): 0.4000
Directional Movement: 9.24
AROON (14): 21.43
DEMA (21): 14.38
Parabolic SAR (0,02-0,02-0,2): 14.84
Elder Ray (13): 0.04
Super Trend (3,10): 12.81
Zig ZAG (10): 14.21
VORTEX (21): 1.1200
Stochastique (14,3,5): 54.37
TEMA (21): 14.60
Williams %R (14): -47.86
Chande Momentum Oscillator (20): 0.40
Repulse (5,40,3): 0.0000
ROCnROLL: 1
TRIX (15,9): 0.4800
Courbe Coppock: 16.78
MA7: 14.26
MA20: 13.83
MA50: 13.17
MA100: 13.09
MAexp7: 14.21
MAexp20: 13.86
MAexp50: 13.40
MAexp100: 13.39
Price / MA7: -0.35%
Price / MA20: +2.75%
Price / MA50: +7.90%
Price / MA100: +8.56%
Price / MAexp7: -0%
Price / MAexp20: +2.53%
Price / MAexp50: +6.04%
Price / MAexp100: +6.12%

This member declared not having a position on this financial instrument or a related financial instrument.

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