INTCHAINS GROUP LTD-ADR (ICG) Stock Technical Analysis
NASDAQ:ICG - Nasdaq - US45828E1047 - ADR - Currency: USD
Taking everything into account, ICG scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ICG is a bad performer in the overall market: 100% of all stocks are doing better.
ICG is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 94% of 110 stocks in the same industry do better.
ICG is currently making a new 52 week low. This is a very bad signal. 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 1.19 - 2.90 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.
The technical rating of ICG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.18
2.08
We found 1 important resistance area.
- A resistance zone ranging from 2.02 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ICG is down. |
| ChartMill Relative Strength | 0.9 | NEGATIVE | ICG has a low relative strength, it was outperformed by 99.1% 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 | 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) | 23.42 | OVERSOLD | The low RSI value suggests ICG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ICG has a negative trend. |
| Stochastics (14,3) | 3.45 | OVERSOLD | The low Stochastics value suggests ICG may be oversold. |
| Average True Range in percent/ATR (20) | 21.83 | HIGH VOLATILITY | The high ATR as a percentage value for ICG suggests high volalility. |
| Average Directional Index/ADX (14) | 33.56 | 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)
1.19
-0.54 (-31.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-31.21%
1 Week-39.29%
2 Weeks-44.13%
1 Month-50.42%
3 Month-71.6%
6 Month-86.43%
12 Month-83.14%
2 Year-84.92%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%21.83%
ATR Inc210.22%
Range Today0.84
ADR(20)0.25
ADR(20)%20.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.9
Mansfield-7.52
10 Day High2.2
10 Day Low1.19
20 Day High2.9
20 Day Low1.19
52 Week High12.04
52 Week Low1.19
CS1 EndN/A
CR1 Start2.02
Volume & EV
DER(3)-20.82%
DER(5)-20.85%
Volume700.30K
Volume Incr253.56%
Vol(5)168.40K
Vol(50)49.38K