Technical Analysis for IDG - Indigo Books & Music Inc.

Grade Last Price % Change Price Change
C 1.880 -5.53% -0.110
IDG closed down 5.53 percent on Tuesday, November 28, 2023, on 1.24 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
200 DMA Support Bullish 0.00%
MACD Bullish Signal Line Cross Bullish -5.53%
Gapped Up Strength -5.53%
Upper Bollinger Band Touch Strength -5.53%
Crossed Above 20 DMA Bullish -6.93%
Crossed Above 50 DMA Bullish -6.93%
Expansion Pivot Buy Setup Bullish Swing Setup -6.93%
Oversold Stochastic Weakness -6.93%

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Alert Time
200 DMA Support about 18 hours ago
10 DMA Support about 18 hours ago
Down 1 ATR about 20 hours ago
Fell Below 200 DMA about 20 hours ago
Fell Below 10 DMA about 20 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 2.6
52 Week Low 1.04
Average Volume 23,292
200-Day Moving Average 1.847
50-Day Moving Average 1.935
20-Day Moving Average 1.941
10-Day Moving Average 1.872
Average True Range 0.134
RSI (14) 47.09
ADX 22.79
+DI 25.607
-DI 20.487
Chandelier Exit (Long, 3 ATRs) 1.897
Chandelier Exit (Short, 3 ATRs) 2.183
Upper Bollinger Bands 2.169
Lower Bollinger Band 1.712
Percent B (%b) 0.37
BandWidth 23.509
MACD Line -0.017
MACD Signal Line -0.016
MACD Histogram -0.0017
Fundamentals Value
Market Cap 51.28 Million
Num Shares 27.3 Million
EPS -1.48
Price-to-Earnings (P/E) Ratio -1.27
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) 2.180
Resistance 3 (R3) 2.193 2.107 2.130
Resistance 2 (R2) 2.107 2.030 2.100 2.113
Resistance 1 (R1) 1.993 1.983 1.950 1.980 2.097
Pivot Point 1.907 1.907 1.885 1.900 1.907
Support 1 (S1) 1.793 1.830 1.750 1.780 1.663
Support 2 (S2) 1.707 1.783 1.700 1.647
Support 3 (S3) 1.593 1.707 1.630
Support 4 (S4) 1.580