Technical Analysis for IDG - Indigo Books & Music Inc.

Grade Last Price % Change Price Change
C 2.480 -0.40% -0.010
IDG closed down 0.4 percent on Friday, May 17, 2024, on 2.6 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 30
*** please verify all earnings dates ***
1 Watcher
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Flat

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Boomer Buy Setup Bullish Swing Setup 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Three Weeks Tight Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance 3 days ago
Gap Down Closed 3 days ago
Reversed from Down 3 days ago
10 DMA Support 3 days ago
5x Volume Pace 3 days ago

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Profile

Indigo Books & Music Inc. Description

Indigo Books & Music Inc. is a Canada-based book, gift and toy retailer. The Company operates stores in approximately 10 provinces and a territory in Canada, and offers online sales through its indigo.ca Website. It operates approximately 90 superstores under the banners Chapters and Indigo, and approximately 120 small format stores under the banners Coles, Indigospirit, SmithBooks and The Book Company. The Company has interests in Calendar Club of Canada Limited Partnership (Calendar Club), which operates seasonal kiosks and year-round stores in shopping malls across Canada. Its loyalty programs include irewards, which is a fee-based loyalty program, and the plum rewards program, which is a free points-based loyalty program. The plum rewards program offers points on all products in its stores. The indigo.ca Website offers customers a number of titles, along with a range of general merchandise. The Company focuses on home, paper merchandise and fashion accessories.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Marketing Partnership Paper Retailing Limited Partnership Fashion Music Market Economics) Pricing Books Shopping Mall Loyalty Program Big Box Store Coles Fashion Accessories Indigo

Is IDG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.6
52 Week Low 1.04
Average Volume 31,768
200-Day Moving Average 1.905
50-Day Moving Average 2.318
20-Day Moving Average 2.479
10-Day Moving Average 2.483
Average True Range 0.015
RSI (14) 68.15
ADX 70.64
+DI 37.126
-DI 4.316
Chandelier Exit (Long, 3 ATRs) 2.446
Chandelier Exit (Short, 3 ATRs) 2.504
Upper Bollinger Bands 2.493
Lower Bollinger Band 2.464
Percent B (%b) 0.55
BandWidth 1.170
MACD Line 0.039
MACD Signal Line 0.052
MACD Histogram -0.0124
Fundamentals Value
Market Cap 67.64 Million
Num Shares 27.3 Million
EPS -1.48
Price-to-Earnings (P/E) Ratio -1.68
Price-to-Sales 0.08
Price-to-Book 2.09
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.495
Resistance 3 (R3) 2.497 2.493 2.493
Resistance 2 (R2) 2.493 2.490 2.493 2.492
Resistance 1 (R1) 2.487 2.487 2.485 2.485 2.491
Pivot Point 2.483 2.483 2.483 2.483 2.483
Support 1 (S1) 2.477 2.480 2.475 2.475 2.469
Support 2 (S2) 2.473 2.477 2.473 2.468
Support 3 (S3) 2.467 2.473 2.468
Support 4 (S4) 2.465