ICON PLC (ICLR)
IE0005711209 - Common Stock
We assign a technical rating of 9 out of 10 to ICLR. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ICLR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ICLR is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by ICLR over the past year are nicely spread over this period.
ICLR is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 91% of 58 stocks in the same industry.
ICLR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ICLR is lagging the market slightly.
In the last month ICLR has a been trading in the 288.23 - 322.59 range, which is quite wide. It is currently trading near the high of this range.
ICLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 300.66, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ICLR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
262.96
343.41
We found 4 important support areas.
- A support zone ranging from 297.42 to 300.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 288.22 to 288.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @272.88 from a trend line in the weekly time frame.
- Support @265.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 314.93 to 316.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 335.96 to 340.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.94
Mansfield0.3
10 Day High322.59
10 Day Low308.46
20 Day High322.59
20 Day Low288.23
52 Week High344.77
52 Week Low201.35
Performance
1 Week-0.21%
2 Weeks1.84%
1 Month9.19%
3 Month8.89%
6 Month16.58%
12 Month47.91%
2 Year40.63%
3 Year40.65%
5 Year122.32%
10 Year644.55%
15 Year1704.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.45
RSI(14)52.9
LBB298.21
UBB324.48
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 316.69 | 308.45 | 8.24 (2.60%) | 25.00% |
| An entry @316.69. This is a Buy Stop order right above the resistance zone. | An exit @308.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.24 points, which is 2.60%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- The distance between exit and entry is rather small compared to the average daily movement of ICLR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ICON PLC
NASDAQ:ICLR (5/17/2024, 7:05:20 PM)
After market: 314.72 0 (0%)314.72
-1.11 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.35%
1 Week-0.21%
2 Weeks1.84%
1 Month9.19%
3 Month8.89%
6 Month16.58%
12 Month47.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.2
ATR(20)%2.75%
ATR Inc
Range Today5.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High322.59
10 Day Low308.46
20 Day High322.59
20 Day Low288.23
52 Week High344.77
52 Week Low201.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume224.30K
Volume Incr-38.61%
Vol(5)373.94K
Vol(50)501.65K