IGI Western Asset Investment Grade Opportunity Trust Inc Forecast, Technical & Fundamental Analysis
Western Asset Invstm Grd Dfnd Opp Tr Inc operates as a non-diversified closed-end management investment company... Show more
IGI in upward trend: price rose above 50-day moving average on May 29, 2025
IGI moved above its 50-day moving average on May 29, 2025 date and that indicates a change from a downward trend to an upward trend. In of 52 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 24, 2025. You may want to consider a long position or call options on IGI as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for IGI just turned positive on June 27, 2025. Looking at past instances where IGI's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IGI advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 247 cases where IGI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
IGI broke above its upper Bollinger Band on June 27, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CSMVX | 41.87 | 0.46 | +1.11% |
| Congress Small Cap Growth Retail | |||
| HRCCX | 29.91 | 0.31 | +1.05% |
| Carillon ClariVest Capital Apprec C | |||
| JMCCX | 59.62 | 0.38 | +0.64% |
| JPMorgan Mid Cap Equity C | |||
| POIRX | 16.38 | 0.10 | +0.61% |
| Polen International Growth Investor | |||
| NUIAX | 31.34 | -0.03 | -0.10% |
| Nuveen International Dividend Growth A | |||
IGI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IGI has been loosely correlated with LQD. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if IGI jumps, then LQD could also see price increases.
| Ticker / NAME | Correlation To IGI | 1D Price Change % | ||
|---|---|---|---|---|
| IGI | 100% | -0.15% | ||
| LQD - IGI | 62% Loosely correlated | -0.24% | ||
| USIG - IGI | 61% Loosely correlated | -0.18% | ||
| IGIB - IGI | 61% Loosely correlated | -0.19% | ||
| VCIT - IGI | 60% Loosely correlated | -0.17% | ||
| SPIB - IGI | 58% Loosely correlated | -0.15% |