ICL GROUP LTD (ICL) Stock Technical Analysis
NYSE:ICL • IL0002810146
We assign a technical rating of 0 out of 10 to ICL. ICL 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, ICL is a bad performer in the overall market: 83% of all stocks are doing better.
- ICL is part of the Chemicals industry. There are 83 other stocks in this industry, of which 84% are performing better than ICL.
- ICL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ICL has a been trading in the 4.76 - 5.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ICL has an average volume of 1370180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ICL 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.
More info and screens
4.75
4 important resistance areas can be observed.
- A resistance zone ranging from 5.41 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.68 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.21 from a trend line in the daily time frame.
- Resistance @7.03 from a horizontal line in the daily 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 ICL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICL is down. |
| ChartMill Relative Strength | 17.27 | NEGATIVE | ICL has a low relative strength, it was outperformed by 82.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.15 | OVERSOLD | The low RSI value suggests ICL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ICL has a negative trend. |
| Stochastics (14,3) | 6.78 | OVERSOLD | The low Stochastics value suggests ICL may be oversold. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for ICL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.98 | NEUTRAL | The ADX value for ICL suggests a possible start of a new trend. |
4.8
-0.12 (-2.44%)
ICL GROUP LTD / ICL FAQ
Can you provide the ChartMill technical rating for ICL GROUP LTD?
ChartMill assigns a technical rating of 0 / 10 to ICL.
Can you provide the trend direction for ICL GROUP LTD?
The current trend direction for ICL GROUP LTD (ICL) is Bearish.
Can you provide the RSI signal for ICL GROUP LTD?
ICL GROUP LTD (ICL) has an RSI value of 26.1538. This indicates that the stock is currently oversold.
What is the buy/sell signal for ICL stock?
The buy/sell signal for ICL GROUP LTD (ICL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for ICL GROUP LTD (ICL) stock?
ICL GROUP LTD (ICL) has a resistance level at 5.41. Check the full technical report for our detailed analysis of ICL support and resistance levels.