Taking everything into account, ICHR scores 1 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 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.
13.92
We found 1 important support area.
When analyzing the resistance we notice 4 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 | DOWN | NEGATIVE | The long term trend for ICHR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICHR is down. |
| ChartMill Relative Strength | 13.22 | NEGATIVE | ICHR has a low relative strength, it was outperformed by 86.78% 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) | UP | MIXED | The current price of ICHR is below 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) | 48.54 | NEUTRAL | The RSI value for ICHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests ICHR has a positive trend. |
| Stochastics (14,3) | 52.89 | NEUTRAL | The Stochastics value for ICHR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.92 | HIGH VOLATILITY | The high ATR as a percentage value for ICHR suggests high volalility. |
| Average Directional Index/ADX (14) | 23.53 | NEUTRAL | The ADX value for ICHR suggests a possible start of a new trend. |
16.7
+0.49 (+3.02%)
ChartMill assigns a technical rating of 1 / 10 to ICHR.
The current trend direction for ICHOR HOLDINGS LTD (ICHR) is Bearish.
ICHOR HOLDINGS LTD (ICHR) has an RSI value of 48.543. This indicates that the stock is currently neutral.
The MACD indicator for ICHOR HOLDINGS LTD (ICHR) has a value of 0.174345, indicating a bearish trend.
ICHOR HOLDINGS LTD (ICHR) has a support level at 14.25 and a resistance level at 21.48. Check the full technical report for our detailed analysis of ICHR support and resistance levels.