Overall ICCM gets a technical rating of 0 out of 10. ICCM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ICCM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
0.55
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for ICCM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICCM is down. |
| ChartMill Relative Strength | 9.18 | NEGATIVE | ICCM has a low relative strength, it was outperformed by 90.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICCM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICCM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICCM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.27 | OVERSOLD | The low RSI value suggests ICCM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ICCM has a negative trend. |
| Stochastics (14,3) | 7.72 | OVERSOLD | The low Stochastics value suggests ICCM may be oversold. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for ICCM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.12 | NEGATIVE | The low ADX value for ICCM suggests a weak or negative trend. |
0.5512
-0.04 (-7.05%)
ChartMill assigns a technical rating of 0 / 10 to ICCM.
The current trend direction for ICECURE MEDICAL LTD (ICCM) is Bearish.
ICECURE MEDICAL LTD (ICCM) has an RSI value of 28.2736. This indicates that the stock is currently oversold.
The MACD indicator for ICECURE MEDICAL LTD (ICCM) has a value of -0.00768402, indicating a bearish trend.
The short term momentum for ICECURE MEDICAL LTD (ICCM) is negative.