ICHOR HOLDINGS LTD (ICHR) Stock Technical Analysis
NASDAQ:ICHR - Nasdaq - KYG4740B1059 - Common Stock - Currency: USD
Overall ICHR gets a technical rating of 4 out of 10. In the past year, ICHR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than ICHR.
ICHR is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 90% of 110 stocks in the same industry do better.
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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
When analyzing the support we can see 2 important areas.
- 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.
We can see 4 important resistance 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