ICC HOLDINGS INC (ICCH) Stock Technical Analysis
NASDAQ:ICCH - Nasdaq - US44931Q1040 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ICCH. Both in the recent history as in the last year, ICCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ICCH has an average volume of 6858 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.
Looking at the yearly performance, ICCH did better than 92% of all other stocks.
ICCH is one of the better performing stocks in the Insurance industry, it outperforms 91% of 144 stocks in the same industry.
ICCH 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 ICCH is leading the market.
In the last month ICCH has a been trading in the 21.16 - 23.51 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Volume is considerably higher in the last couple of days.
ICCH has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.92
24.10
When analyzing the support we notice one important area.
- A support zone ranging from 22.14 to 23.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 23.86 to 23.86. 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 ICCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICCH is up. |
| ChartMill Relative Strength | 92.59 | POSITIVE | ICCH has a high relative strength, it outperformed 92.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.9 | NEUTRAL | The RSI value for ICCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ICCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 99.12 | OVERBOUGHT | The high Stochastics value suggests ICCH may be overbought. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for ICCH suggests low volalility. |
| Average Directional Index/ADX (14) | 39.05 | POSITIVE | The high ADX value value for ICCH suggests a strong trend. |
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 |
|---|---|---|---|
| 23.87 | 22.81 | 1.06 (4.44%) | 22.52% |
| An entry @23.87. This is a Buy Stop order right above the resistance zone. | An exit @22.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.06 points, which is 4.44%. | For a 1.00% total portfolio risk, you can invest 22.52% 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.
23.49
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week1.29%
2 Weeks1.69%
1 Month1.25%
3 Month0.82%
6 Month2.92%
12 Month54.74%
2 Year51.55%
3 Year37.77%
5 Year113.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.22%
ATR Inc-96.11%
Range Today0.01
ADR(20)0.22
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.59
Mansfield0.81
10 Day High23.51
10 Day Low22.82
20 Day High23.51
20 Day Low21.16
52 Week High23.96
52 Week Low14.78
CS1 End23.39
CR1 Start23.86
Volume & EV
DER(3)-0.75%
DER(5)-1.3%
Volume33.90K
Volume Incr373.35%
Vol(5)21.94K
Vol(50)6.86K