INDEPENDENCE CONTRACT DRILLI (ICD) Stock Technical Analysis
NYSE:ICD - New York Stock Exchange, Inc. - US4534156066 - Common Stock - Currency: USD
Overall ICD gets a technical rating of 0 out of 10. ICD'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than ICD.
ICD is one of the lesser performing stocks in the Energy Equipment & Services industry. 88% of 63 stocks in the same industry do better.
ICD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ICD is lagging the market.
In the last month ICD has a been trading in the 0.50 - 1.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ICD has a poor technical rating and the quality of the setup is also 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
0.58
1.43
We found 1 important resistance area.
- Resistance @1.42 from a horizontal 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 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. |
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)
0.5858
-0.06 (-9.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-9.88%
1 Week-19.75%
2 Weeks-3.97%
1 Month-58.75%
3 Month-59.6%
6 Month-67.64%
12 Month-81.4%
2 Year-81.69%
3 Year-81.28%
5 Year-97.21%
10 Year-99.75%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%20.71%
ATR Inc-60.8%
Range Today0.07
ADR(20)0.11
ADR(20)%19.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.78
Mansfield-7.43
10 Day High0.8
10 Day Low0.58
20 Day High1.43
20 Day Low0.5
52 Week High3.24
52 Week Low0.5
CS1 EndN/A
CR1 Start1.42
Volume & EV
DER(3)-2.77%
DER(5)-6.07%
Volume317.40K
Volume Incr17.92%
Vol(5)120.04K
Vol(50)76.65K