USA - NASDAQ:ICHR - KYG4740B1059 - Common Stock
We assign a technical rating of 2 out of 10 to ICHR. ICHR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ICHR 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.
15.57
When analyzing the resistance we notice 3 important areas.
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 | 7.97 | NEGATIVE | ICHR has a low relative strength, it was outperformed by 92.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICHR is below 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) | 33.6 | NEUTRAL | The RSI value for ICHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests ICHR has a negative trend. |
| Stochastics (14,3) | 46.8 | NEUTRAL | The Stochastics value for ICHR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.13 | HIGH VOLATILITY | The high ATR as a percentage value for ICHR suggests high volalility. |
| Average Directional Index/ADX (14) | 20.83 | NEUTRAL | The ADX value for ICHR suggests a possible start of a new trend. |
15.73
-7.19 (-31.37%)
ChartMill assigns a technical rating of 2 / 10 to ICHR.
The current trend direction for ICHOR HOLDINGS LTD (ICHR) is Bearish.
ICHOR HOLDINGS LTD (ICHR) has an RSI value of 33.597. This indicates that the stock is currently neutral.
The MACD indicator for ICHOR HOLDINGS LTD (ICHR) has a value of -0.509436, indicating a bearish trend.
ICHOR HOLDINGS LTD (ICHR) has a resistance level at 23.31. Check the full technical report for our detailed analysis of ICHR support and resistance levels.