ICC HOLDINGS INC (ICCH)

US44931Q1040 - Common Stock

15.98  -0.02 (-0.12%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ICCH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ICCH is only an average performer.

Warning: ICCH has an average volume of 2216 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ICCH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, ICCH outperforms 52% of them, which is more or less in line with the market.
ICCH is part of the Insurance industry. There are 141 other stocks in this industry, ICCH did better than 42% of them.
ICCH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ICCH is lagging the market slightly.
Weekly and Daily overview Charts
ICCH Weekly chart
ICCH Daily chart
Setup Rating and Analysis

7

ICCH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 16.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.94, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.62

16.65

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 15.59 to 15.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.32 from a horizontal line in the daily time frame.
  • A support zone ranging from 14.77 to 15.05. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 16.00 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @16.49 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.22
Mansfield-1.24
10 Day High16
10 Day Low15.75
20 Day High16
20 Day Low14.96
52 Week High18.54
52 Week Low14.78
Performance
1 Week-0.12%
2 Weeks-0.12%
1 Month6.53%
3 Month4.44%
6 Month-3.03%
12 Month2.44%
2 Year-6.28%
3 Year3.13%
5 Year15.07%
10 YearN/A
15 YearN/A
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)0.02
RSI(14)56.19
LBB15.81
UBB16.1
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.

ENTRYEXITDISTANCECAPITAL
16.0215.740.28 (1.75%)25.00%
An entry @16.02. This is a Buy Stop order right above the resistance zone.An exit @15.74. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.28 points, which is 1.75%.For a 0.44% total portfolio risk, you can invest 25.00% 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.
ICCH Daily chart

ICC HOLDINGS INC

NASDAQ:ICCH (4/29/2024, 7:06:15 PM)

15.98

-0.02 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.12%
1 Week-0.12%
2 Weeks-0.12%
1 Month6.53%
3 Month4.44%
6 Month-3.03%
12 Month2.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%1.07%
ATR Inc
Range Today0
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 High16
10 Day Low15.75
20 Day High16
20 Day Low14.96
52 Week High18.54
52 Week Low14.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume400
Volume Incr-62.69%
Vol(5)1.00K
Vol(50)2.22K