Technical Analysis for IDG - Indigo Books & Music Inc.

Grade Last Price % Change Price Change
A 1.550 -7.19% -0.120
IDG closed up 0.6 percent on Tuesday, September 26, 2023, on 31 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction -7.19%
NR7 Range Contraction -7.19%
Narrow Range Bar Range Contraction -7.19%
Wide Bands Range Expansion -7.19%
Gapped Up Strength -7.19%
Overbought Stochastic Strength -7.19%
Up 3 Days in a Row Strength -7.19%
Calm After Storm Range Contraction -6.63%
Outside Day Range Expansion -6.63%
Wide Bands Range Expansion -6.63%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below Previous Day's Low about 3 hours ago
Down 5% about 3 hours ago
Down 3% about 3 hours ago
Down 2% about 3 hours ago
Down 1% about 3 hours ago

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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 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 Website offers customers a number of titles, along with a range of general merchandise. The Company focuses on home, paper merchandise and fashion accessories.


Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Retail Marketing Partnership Retailing Paper 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


Indicator Value
52 Week High 2.49
52 Week Low 1.04
Average Volume 12,409
200-Day Moving Average 1.876
50-Day Moving Average 1.508
20-Day Moving Average 1.397
10-Day Moving Average 1.519
Average True Range 0.126
RSI (14) 60.00
ADX 23.34
+DI 26.532
-DI 18.413
Chandelier Exit (Long, 3 ATRs) 1.323
Chandelier Exit (Short, 3 ATRs) 1.417
Upper Bollinger Bands 1.753
Lower Bollinger Band 1.041
Percent B (%b) 0.88
BandWidth 51.009
MACD Line 0.048
MACD Signal Line -0.004
MACD Histogram 0.0514
Fundamentals Value
Market Cap 45.55 Million
Num Shares 27.3 Million
EPS -1.48
Price-to-Earnings (P/E) Ratio -1.13
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) 1.715
Resistance 3 (R3) 1.720 1.710 1.708
Resistance 2 (R2) 1.710 1.699 1.708 1.705
Resistance 1 (R1) 1.690 1.691 1.685 1.685 1.702
Pivot Point 1.680 1.680 1.678 1.678 1.680
Support 1 (S1) 1.660 1.669 1.655 1.655 1.638
Support 2 (S2) 1.650 1.661 1.648 1.635
Support 3 (S3) 1.630 1.650 1.633
Support 4 (S4) 1.625