


Technical Sentiment Analysis for Western Asset Investment Grade Defined Opportunity Trust Inc (IGI). As of 2026-05-29, Western Asset Investment Grade Defined Opportunity Trust Inc (IGI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IGI stands at 52.56, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.69 and the Commodity Channel Index (CCI) at 98.18 further confirm a - outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, IGI is trading below its 60-day moving average of $16.12 and below its 200-day long-term moving average of $16.43. Key price levels to watch include the immediate resistance at $16.33 and strong support at $15.85. A break above $16.33 could signal a bull continuation, while falling below $15.85 may test the next Fibonacci floor at $15.63.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.37 | 15.63 | 15.85 | 16.11 | 16.33 | 16.59 | 16.81 |
| Fibonacci | 15.63 | 15.81 | 15.93 | 16.11 | 16.29 | 16.41 | 16.59 |
2026-05-29
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 52.56 |
| Stochastic Oscillator | 76.69 |
| Stochastic RSI | 71.19 |
| Commodity Channel Index (CCI) | 98.18 |
| Awesome Oscillator | -0.01 |
| Momentum | - |
| MACD | 0.01 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 16.18 | Sell |
| 10-Day | 16.08 | Buy |
| 20-Day | 16.1 | Buy |
| 60-Day | 16.12 | Buy |
| 200-Day | 16.43 | Sell |
| 250-Day | 16.44 | Sell |