INTCHAINS GROUP LTD-ADR (ICG) Stock Technical Analysis
NASDAQ:ICG - Nasdaq - US45828E1047 - ADR - Currency: USD
We assign a technical rating of 1 out of 10 to ICG. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than ICG.
ICG is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 92% of 110 stocks in the same industry do better.
ICG 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 ICG is lagging the market.
In the last month ICG has a been trading in the 2.01 - 3.34 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.
ICG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.13
2.71
We found 1 important support area.
- A support zone ranging from 2.15 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.36 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.42 from a trend line in the daily time frame.
- A resistance zone ranging from 2.51 to 2.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.65 to 2.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for ICG is down. |
| ChartMill Relative Strength | 3.16 | NEGATIVE | ICG has a low relative strength, it was outperformed by 96.84% 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) | DOWN | NEGATIVE | The current price of ICG is below 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) | 45.75 | NEUTRAL | The RSI value for ICG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ICG has a negative trend. |
| Stochastics (14,3) | 9.46 | OVERSOLD | The low Stochastics value suggests ICG may be oversold. |
| Average True Range in percent/ATR (20) | 14.6 | HIGH VOLATILITY | The high ATR as a percentage value for ICG suggests high volalility. |
| Average Directional Index/ADX (14) | 45.94 | POSITIVE | The high ADX value value for ICG 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)
2.2
-0.06 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.65%
1 Week-8.33%
2 Weeks-16.03%
1 Month8.91%
3 Month-44.3%
6 Month-50.45%
12 Month-73.49%
2 Year-73.8%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%14.6%
ATR Inc-49.33%
Range Today0.1
ADR(20)0.3
ADR(20)%13.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.16
Mansfield-5.68
10 Day High2.9
10 Day Low2.15
20 Day High3.34
20 Day Low2.01
52 Week High12.04
52 Week Low1.4
CS1 End2.15
CR1 Start2.36
Volume & EV
DER(3)-3.05%
DER(5)-6.29%
Volume31.90K
Volume Incr299.91%
Vol(5)90.78K
Vol(50)35.80K