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iPath Optimized Currency Carry ETN (ICI) Stock Technical Analysis

USA - NYSE Arca - NYSEARCA:ICI -

37.9
0 (0%)
Last: 4/6/2018, 8:24:56 PM
Technical Rating and Analysis

1

Overall ICI gets a technical rating of 1 out of 10. ICI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
ICI 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.
ICI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ICI has an average volume of 230 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, ICI turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
iPath Optimized Currency Carry ETN / ICI Weekly stock chart
iPath Optimized Currency Carry ETN / ICI Daily stock chart
Setup Rating and Analysis

2

The technical rating of ICI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

35.40

43.86

When analyzing the support we notice one important area.

  • A support zone ranging from 35.76 to 36.04. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 43.36 to 43.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ICI is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ICI is neutral.
ChartMill Relative Strength44.12NEUTRALICI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ICI is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ICI is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ICI is below a declining SMA(200).
Relative Strength Index/RSI (14)51.17NEUTRALThe RSI value for ICI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.22POSITIVEThe MACD value suggests ICI has a positive trend.
Stochastics (14,3)100OVERBOUGHTThe high Stochastics value suggests ICI may be overbought.
Average True Range in percent/ATR (20)1.14LOW VOLATILITYThe low ATR as a percentage value for ICI suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
iPath Optimized Currency Carry ETN / ICI Daily stock chart

iPath Optimized Currency Carry ETN

NYSEARCA:ICI (4/6/2018, 8:24:56 PM)

37.9

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week2.4%
2 Weeks5.13%
1 Month-5.25%
3 Month0.42%
6 Month-5.93%
12 Month-1.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.14%
ATR Inc114.83%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.12
3 months CRSN/A
6 months CRSN/A
Mansfield-1.4
10 Day High37.9
10 Day Low37.01
20 Day High38.7
20 Day Low35.77
52 Week High43.42
52 Week Low35.77
CS1 End36.04
CR1 Start43.36
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-47.37%
Vol(5)100
Vol(50)230

iPath Optimized Currency Carry ETN / ICI FAQ

What is the technical rating for ICI stock?

ChartMill assigns a technical rating of 1 / 10 to ICI.


What is the trend direction for ICI stock?

The current trend direction for iPath Optimized Currency Carry ETN (ICI) is Bearish.


Can you provide the RSI signal for iPath Optimized Currency Carry ETN?

iPath Optimized Currency Carry ETN (ICI) has an RSI value of 51.1664. This indicates that the stock is currently neutral.


What is the short term momentum for ICI stock?

The short term momentum for iPath Optimized Currency Carry ETN (ICI) is neutral.


What is the support and resistance level for ICI stock?

iPath Optimized Currency Carry ETN (ICI) has a support level at 36.04 and a resistance level at 43.36. Check the full technical report for our detailed analysis of ICI support and resistance levels.