ICHOR HOLDINGS LTD (ICHR) Stock Technical Analysis
USA - NASDAQ:ICHR - KYG4740B1059 - Common Stock
17.68 USD
-0.68 (-3.7%)
17.6003 USD
-0.08 (-0.45%)
Taking everything into account, ICHR scores 0 out of 10 in our technical rating. ICHR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
When comparing the yearly performance of all stocks, ICHR is a bad performer in the overall market: 93% of all stocks are doing better.
ICHR is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 91% are performing better than ICHR.
ICHR 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ICHR has an average volume of 1000310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ICHR has a been trading in the 15.60 - 19.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ICHR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.91
27.51
3 important support areas can be observed.
- A support zone ranging from 17.17 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.88 from a trend line in the daily time frame.
- Support @16.07 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.38 to 18.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.88 from a horizontal line in the daily time frame.
- Resistance @21.20 from a trend line in the daily time frame.
- Resistance @27.24 from a trend line in the weekly 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 ICHR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICHR is neutral. |
| ChartMill Relative Strength | 7.4 | NEGATIVE | ICHR has a low relative strength, it was outperformed by 92.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ICHR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICHR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICHR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.2 | NEUTRAL | The RSI value for ICHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests ICHR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.66 | NEUTRAL | The Stochastics value for ICHR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for ICHR suggests high volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for ICHR suggests a weak or negative 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)
17.68
-0.68 (-3.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.7%
1 Week7.28%
2 Weeks6.96%
1 Month-0.11%
3 Month-9.38%
6 Month-23.76%
12 Month-44.51%
2 Year-42.89%
3 Year-26.97%
5 Year-18.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%5.05%
ATR Inc37.51%
Range Today0.91
ADR(20)0.84
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.4
Mansfield-3.49
10 Day High19.75
10 Day Low16.33
20 Day High19.75
20 Day Low15.6
52 Week High36.48
52 Week Low13.12
CS1 End17.18
CR1 Start18.38
Volume & EV
DER(3)3.15%
DER(5)4.55%
Volume1.08M
Volume Incr111.65%
Vol(5)1.60M
Vol(50)1.00M