County Bancorp Inc (ICBK) Technical Analysis
NASDAQ:ICBK
Current stock price
ICBK Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ICBK. ICBK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ICBK did better than 85% of all other stocks.
- ICBK is one of the better performing stocks in the Banks industry, it outperforms 94% of 381 stocks in the same industry.
- ICBK is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ICBK is leading 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.
ICBK Weekly and Daily overview Charts
ICBK Setup Rating and Analysis
ICBK has an excellent technical rating and 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
ICBK Support and Resistance Analysis
25.84
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.
ICBK Technical Indicator Signal Analysis
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. |
ICBK Chart- and CandleStick Pattern Analysis
ICBK Example Setup
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 worst case loss on the trade is limited to 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.
ICBK Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ICBK (12/3/2021, 8:07:26 PM)
35.25
+0.66 (+1.91%)
County Bancorp Inc / ICBK TA FAQ
Can you provide the ChartMill technical rating for County Bancorp Inc?
ChartMill assigns a technical rating of 6 / 10 to ICBK.
What is the trend direction for ICBK stock?
The current trend direction for County Bancorp Inc (ICBK) is Bullish.
What is the RSI signal for ICBK stock?
County Bancorp Inc (ICBK) has an RSI value of 44.2373. This indicates that the stock is currently neutral.
What are the support and resistance levels for County Bancorp Inc (ICBK) stock?
County Bancorp Inc (ICBK) has a support level at 35.16 and a resistance level at 35.53. Check the full technical report for our detailed analysis of ICBK support and resistance levels.