INTCHAINS GROUP LTD-ADR (ICG) Technical Analysis
NASDAQ:ICG • US45828E1047
Current stock price
ICG Technical Rating and Analysis
Taking everything into account, ICG scores 1 out of 10 in our technical rating. ICG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ICG is a bad performer in the overall market: 92% of all stocks are doing better.
- ICG is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 93% of 115 stocks in the same industry do better.
- ICG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ICG has a been trading in the 1.12 - 1.84 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Considerably lower volume is observed in the last couple of days.
ICG Weekly and Daily overview Charts
ICG Setup Rating and Analysis
Although the technical rating is bad, ICG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ICG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ICG Support and Resistance Analysis
1.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.28 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.33 to 1.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.64 from a trend line in the daily time frame.
- Resistance @1.81 from a trend line in the weekly time frame.
ICG 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 | NEUTRAL | NEUTRAL | The long term trend for ICG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICG is neutral. |
| ChartMill Relative Strength | 8.64 | NEGATIVE | ICG has a low relative strength, it was outperformed by 91.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ICG is above a declining 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) | 48.92 | NEUTRAL | The RSI value for ICG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ICG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.09 | NEUTRAL | The Stochastics value for ICG is a neutral value. |
| Average True Range in percent/ATR (20) | 11.06 | HIGH VOLATILITY | The high ATR as a percentage value for ICG suggests high volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for ICG suggests a strong trend. |
ICG Chart- and CandleStick Pattern Analysis
ICG Technicals: Chart, Performance Metrics, Trend & Indicators
1.32
+0.03 (+2.33%)
INTCHAINS GROUP LTD-ADR / ICG TA FAQ
Can you provide the ChartMill technical rating for INTCHAINS GROUP LTD-ADR?
ChartMill assigns a technical rating of 1 / 10 to ICG.
What is the trend direction for ICG stock?
The current trend direction for INTCHAINS GROUP LTD-ADR (ICG) is Bearish.
What is the RSI signal for INTCHAINS GROUP LTD-ADR (ICG) stock?
INTCHAINS GROUP LTD-ADR (ICG) has an RSI value of 48.9164. This indicates that the stock is currently neutral.
What is the MACD signal for INTCHAINS GROUP LTD-ADR (ICG) stock?
The MACD indicator for INTCHAINS GROUP LTD-ADR (ICG) has a value of 0.000437053, indicating a bearish trend.
What is the short term momentum for ICG stock?
The short term momentum for INTCHAINS GROUP LTD-ADR (ICG) is neutral.