


Technical Sentiment Analysis for Western Asset Investment Grade Defined Opportunity Trust Inc (IGI). As of 2026-07-08, Western Asset Investment Grade Defined Opportunity Trust Inc (IGI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 6 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IGI stands at 50.76, 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 37.7 and the Commodity Channel Index (CCI) at 57.08 further confirm a 0.07 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, IGI is trading below its 60-day moving average of $16.11 and below its 200-day long-term moving average of $16.35. Key price levels to watch include the immediate resistance at $16.26 and strong support at $15.97. A break above $16.26 could signal a bull continuation, while falling below $15.97 may test the next Fibonacci floor at $15.85.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.68 | 15.85 | 15.97 | 16.14 | 16.26 | 16.43 | 16.55 |
| Fibonacci | 15.85 | 15.96 | 16.03 | 16.14 | 16.25 | 16.32 | 16.43 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 50.76 |
| Stochastic Oscillator | 37.7 |
| Stochastic RSI | 44.71 |
| Commodity Channel Index (CCI) | 57.08 |
| Awesome Oscillator | 0.08 |
| Momentum | 0.07 |
| MACD | 0.01 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 16.12 | Sell |
| 10-Day | 16.1 | Neutral |
| 20-Day | 16.08 | Buy |
| 60-Day | 16.11 | Sell |
| 200-Day | 16.35 | Sell |
| 250-Day | 16.4 | Sell |