County Bancorp Inc (ICBK) Stock Technical Analysis
NASDAQ:ICBK - Nasdaq - Common Stock
Overall ICBK gets a technical rating of 7 out of 10. In the last year, ICBK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Warning: ICBK has an average volume of 5965 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that ICBK is one of the better performing stocks in the market, outperforming 85% of all stocks.
ICBK is part of the Banks industry. There are 393 other stocks in this industry. ICBK outperforms 90% of them.
ICBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ICBK has a been trading in the 34.59 - 37.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ICBK also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.16, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ICBK 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
25.84
37.68
We found 4 important support areas.
- A support zone ranging from 34.04 to 35.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.34 from a horizontal line in the daily time frame.
- Support @27.02 from a trend line in the weekly time frame.
- A support zone ranging from 26.10 to 26.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 35.53 to 36.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.31 to 37.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ICBK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICBK is neutral. |
| ChartMill Relative Strength | 85.94 | POSITIVE | ICBK has a high relative strength, it outperformed 85.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ICBK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ICBK is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.24 | NEUTRAL | The RSI value for ICBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ICBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.63 | OVERSOLD | The low Stochastics value suggests ICBK may be oversold. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for ICBK suggests low volalility. |
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)
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 |
|---|---|---|---|
| 36.09 | 34.58 | 1.51 (4.18%) | 23.90% |
| An entry @36.09. This is a Buy Stop order right above the resistance zone. | An exit @34.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.51 points, which is 4.18%. | For a 1.00% total portfolio risk, you can invest 23.90% of your capital in this trade. |
- 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.
NASDAQ:ICBK (12/3/2021, 8:07:26 PM)
35.25
+0.66 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.91%
1 Week-2.62%
2 Weeks-3.56%
1 Month0.47%
3 Month-3.61%
6 Month42.94%
12 Month58.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%1.77%
ATR Inc103.05%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.94
Mansfield1.34
10 Day High36.68
10 Day Low34.59
20 Day High37.14
20 Day Low34.59
52 Week High37.3
52 Week Low19.66
CS1 End35.16
CR1 Start35.53
Volume & EV
DER(3)-1.42%
DER(5)3.6%
Volume9.50K
Volume Incr-47.29%
Vol(5)3.86K
Vol(50)5.97K