USA - NYSE:ICD - US4534156066 - Common Stock
We assign a technical rating of 0 out of 10 to ICD. ICD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
ICD has a poor technical rating and the quality of the setup is also not perfect 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.
0.58
We found 1 important resistance area.
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 ICD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICD is down. |
| ChartMill Relative Strength | 1.78 | NEGATIVE | ICD has a low relative strength, it was outperformed by 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.3 | NEUTRAL | The RSI value for ICD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ICD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.76 | NEUTRAL | The Stochastics value for ICD is a neutral value. |
| Average True Range in percent/ATR (20) | 20.71 | HIGH VOLATILITY | The high ATR as a percentage value for ICD suggests high volalility. |
| Average Directional Index/ADX (14) | 39.38 | POSITIVE | The high ADX value value for ICD suggests a strong trend. |
0.5858
-0.06 (-9.88%)
ChartMill assigns a technical rating of 0 / 10 to ICD.
The current trend direction for INDEPENDENCE CONTRACT DRILLI (ICD) is Bearish.
INDEPENDENCE CONTRACT DRILLI (ICD) has an RSI value of 30.3009. This indicates that the stock is currently neutral.
The MACD indicator for INDEPENDENCE CONTRACT DRILLI (ICD) has a value of 0.00970254, indicating a bearish trend.
The short term momentum for INDEPENDENCE CONTRACT DRILLI (ICD) is negative.