Overall ICCM gets a technical rating of 1 out of 10. 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 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
0.61
We found 1 important support area.
- Support @0.62 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.88 from a trend line in the weekly time frame.
- Resistance @1.10 from a trend line in the daily time frame.
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 | UP | POSITIVE | The short term trend for ICCM is up. |
| ChartMill Relative Strength | 9.62 | NEGATIVE | ICCM has a low relative strength, it was outperformed by 90.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ICCM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ICCM is above 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) | 58.05 | NEUTRAL | The RSI value for ICCM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ICCM has a positive trend. |
| Stochastics (14,3) | 87.49 | OVERBOUGHT | The high Stochastics value suggests ICCM may be overbought. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for ICCM suggests high volalility. |
| Average Directional Index/ADX (14) | 10.43 | NEGATIVE | The low ADX value for ICCM suggests a weak or negative trend. |
0.7103
+0.01 (+1.18%)
ICECURE MEDICAL LTD / ICCM FAQ
What is the technical rating for ICCM stock?
ChartMill assigns a technical rating of 1 / 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 ICECURE MEDICAL LTD (ICCM) stock?
ICECURE MEDICAL LTD (ICCM) has an RSI value of 58.0511. This indicates that the stock is currently neutral.
What is the MACD signal for ICECURE MEDICAL LTD (ICCM) stock?
The MACD indicator for ICECURE MEDICAL LTD (ICCM) has a value of 0.010066, indicating a bearish trend.
Can you provide the short term momentum for ICECURE MEDICAL LTD?
The short term momentum for ICECURE MEDICAL LTD (ICCM) is positive.