ICHOR HOLDINGS LTD (ICHR) Stock Technical Analysis
NASDAQ:ICHR - Nasdaq - KYG4740B1059 - Common Stock - Currency: USD
Taking everything into account, ICHR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ICHR was also a bad performer in the overall market in the last year.
91% of all other stocks performed better in the past year than ICHR.
ICHR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 90% 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month ICHR has a been trading in the 19.11 - 24.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ICHR has an average technical rating and it also does not offer a high 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
19.31
34.02
2 important support areas can be observed.
- A support zone ranging from 20.65 to 20.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.50 to 19.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @22.59 from a trend line in the daily time frame.
- A resistance zone ranging from 23.75 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.14 from a trend line in the weekly time frame.
- Resistance @33.68 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for ICHR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICHR is neutral. |
| ChartMill Relative Strength | 9.35 | NEGATIVE | ICHR has a low relative strength, it was outperformed by 90.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ICHR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICHR is above the rising 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) | 45.64 | NEUTRAL | The RSI value for ICHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ICHR has a negative trend. |
| Stochastics (14,3) | 8.34 | OVERSOLD | The low Stochastics value suggests ICHR may be oversold. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for ICHR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.6 | NEUTRAL | The ADX value for ICHR suggests a possible start of a new 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)
20.66
-0.39 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.85%
1 Week-9.19%
2 Weeks-13.01%
1 Month7.49%
3 Month-3.14%
6 Month-29.46%
12 Month-39.02%
2 Year-46.64%
3 Year-33.91%
5 Year-37.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.03
ATR(20)%5.31%
ATR Inc-26.7%
Range Today0.92
ADR(20)1.06
ADR(20)%5.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.35
Mansfield-2.89
10 Day High23.8
10 Day Low20.42
20 Day High24.12
20 Day Low19.11
52 Week High36.48
52 Week Low15.33
CS1 End20.65
CR1 Start22.59
Volume & EV
DER(3)-1.93%
DER(5)-0.97%
Volume322.70K
Volume Incr-12.94%
Vol(5)377.00K
Vol(50)426.17K