INTCHAINS GROUP LTD-ADR (ICG) Stock Technical Analysis
NASDAQ:ICG - Nasdaq - US45828E1047 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to ICG. In the past year, ICG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than ICG.
ICG is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 79% are performing better than ICG.
ICG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ICG is lagging the market.
In the last month ICG has a been trading in the 1.87 - 3.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ICG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.85. Right above this resistance zone may be a good entry point.
More info and screens
2.68
3.15
When analyzing the support we notice one important area.
- A support zone ranging from 2.71 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.85 to 2.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.12 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 ICG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICG is neutral. |
| ChartMill Relative Strength | 15.6 | NEGATIVE | ICG has a low relative strength, it was outperformed by 84.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ICG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.53 | NEUTRAL | The RSI value for ICG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ICG has a negative trend. |
| Stochastics (14,3) | 26.43 | NEUTRAL | The Stochastics value for ICG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.93 | HIGH VOLATILITY | The high ATR as a percentage value for ICG suggests high volalility. |
| Average Directional Index/ADX (14) | 24.97 | NEUTRAL | The ADX value for ICG suggests a possible start of a new 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)
2.72
-0.05 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.81%
1 Week-4.23%
2 Weeks2.26%
1 Month35.32%
3 Month29.52%
6 Month-35.08%
12 Month-57.7%
2 Year-59.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%11.93%
ATR Inc-24.5%
Range Today0.28
ADR(20)0.31
ADR(20)%11.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.6
Mansfield-3.67
10 Day High3.09
10 Day Low2.52
20 Day High3.25
20 Day Low1.87
52 Week High12.04
52 Week Low1.19
CS1 End2.71
CR1 Start2.85
Volume & EV
DER(3)-1.03%
DER(5)1.39%
Volume69.60K
Volume Incr-78.3%
Vol(5)72.26K
Vol(50)210.37K