ICHOR HOLDINGS LTD (ICHR) Stock Technical Analysis
NASDAQ:ICHR - KYG4740B1059 - Common Stock
17.58 USD
+0.19 (+1.09%)
17.41 USD
-0.17 (-0.97%)
We assign a technical rating of 1 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ICHR is a bad performer in the overall market: 88% of all stocks are doing better.
ICHR is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 83% 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.
In the last month ICHR has a been trading in the 13.12 - 20.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ICHR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ICHR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.76
34.02
When analyzing the support we notice one important area.
- Support @16.93 from a horizontal line in the daily time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 19.02 to 19.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.73 to 19.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @20.33 from a trend line in the weekly time frame.
- Resistance @22.08 from a trend line in the daily time frame.
- Resistance @28.09 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 | 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 | 12.34 | NEGATIVE | ICHR has a low relative strength, it was outperformed by 87.66% 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) | 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) | 45.55 | NEUTRAL | The RSI value for ICHR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ICHR has a positive trend. |
| Stochastics (14,3) | 47.84 | NEUTRAL | The Stochastics value for ICHR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for ICHR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.13 | 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)
17.58
+0.19 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.09%
1 Week3.47%
2 Weeks-6.34%
1 Month-11.17%
3 Month11.41%
6 Month-39.98%
12 Month-43.29%
2 Year-52.01%
3 Year-42.77%
5 Year-30.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%9.02%
ATR Inc-69.18%
Range Today0.43
ADR(20)1.23
ADR(20)%6.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.34
Mansfield-3.7
10 Day High18.85
10 Day Low16.39
20 Day High20.26
20 Day Low13.12
52 Week High36.48
52 Week Low13.12
CS1 End16.93
CR1 Start19.02
Volume & EV
DER(3)2.68%
DER(5)4.68%
Volume549.00K
Volume Incr-53.5%
Vol(5)594.48K
Vol(50)780.76K