ICECURE MEDICAL LTD (ICCM) Technical Analysis
NASDAQ:ICCM • IL0011224156
Current stock price
ICCM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ICCM. ICCM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ICCM is a bad performer in the overall market: 97% of all stocks are doing better.
- ICCM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 83% of 188 stocks in the same industry do better.
- ICCM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ICCM has a been trading in the 0.28 - 0.74 range, which is quite wide. It is currently trading near the lows of this range.
ICCM Weekly and Daily overview Charts
ICCM Setup Rating and Analysis
The technical rating of ICCM is bad and it also does not present a quality setup 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
ICCM Support and Resistance Analysis
0.33
4 important resistance areas can be observed.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.61 from a trend line in the weekly time frame.
- Resistance @0.67 from a trend line in the daily time frame.
- Resistance @0.72 from a horizontal line in the daily time frame.
ICCM 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 | 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 | 3.12 | NEGATIVE | ICCM has a low relative strength, it was outperformed by 96.88% 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) | 32.53 | NEUTRAL | The RSI value for ICCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ICCM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.56 | OVERSOLD | The low Stochastics value suggests ICCM may be oversold. |
| Average True Range in percent/ATR (20) | 18.24 | HIGH VOLATILITY | The high ATR as a percentage value for ICCM suggests high volalility. |
| Average Directional Index/ADX (14) | 35.93 | POSITIVE | The high ADX value value for ICCM suggests a strong trend. |
ICCM Chart- and CandleStick Pattern Analysis
ICCM Technicals: Chart, Performance Metrics, Trend & Indicators
0.3374
+0.01 (+4.36%)
ICECURE MEDICAL LTD / ICCM TA FAQ
What is the technical rating for ICCM stock?
ChartMill assigns a technical rating of 0 / 10 to ICCM.
What is the current trend direction of ICECURE MEDICAL LTD (ICCM) stock?
The current trend direction for ICECURE MEDICAL LTD (ICCM) is Bearish.
What is the RSI signal for ICCM stock?
ICECURE MEDICAL LTD (ICCM) has an RSI value of 32.5301. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ICECURE MEDICAL LTD?
The MACD indicator for ICECURE MEDICAL LTD (ICCM) has a value of -0.00565017, indicating a bearish trend.
What is the support and resistance level for ICCM stock?
ICECURE MEDICAL LTD (ICCM) has a resistance level at 0.35. Check the full technical report for our detailed analysis of ICCM support and resistance levels.