Overall ICG gets a technical rating of 5 out of 10. In the last year, ICG was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, ICG is a bad performer in the overall market: 79% of all stocks are doing better.
- ICG is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, of which 74% are performing better than ICG.
- 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month ICG has a been trading in the 1.62 - 2.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ICG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.79, 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.75
We found 1 important support area.
- A support zone ranging from 1.77 to 1.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 2.04 to 2.04. This zone is formed by a combination of multiple trend lines 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 | 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 | 21.67 | NEGATIVE | ICG has a low relative strength, it was outperformed by 78.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICG is above 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 | MIXED | The current price of ICG is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.25 | NEUTRAL | The RSI value for ICG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ICG has a positive trend. |
| Stochastics (14,3) | 83.86 | OVERBOUGHT | The high Stochastics value suggests ICG may be overbought. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for ICG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.78 | NEGATIVE | The low ADX value for ICG suggests a weak or negative trend. |
2.03
+0.03 (+1.5%)
INTCHAINS GROUP LTD-ADR / ICG FAQ
Can you provide the ChartMill technical rating for INTCHAINS GROUP LTD-ADR?
ChartMill assigns a technical rating of 5 / 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 ICG stock?
INTCHAINS GROUP LTD-ADR (ICG) has an RSI value of 63.2476. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INTCHAINS GROUP LTD-ADR?
The short term momentum for INTCHAINS GROUP LTD-ADR (ICG) is neutral.