ICL GROUP LTD (ICL) Stock Technical Analysis
NYSE:ICL - New York Stock Exchange, Inc. - IL0002810146 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ICL. Both in the recent history as in the last year, ICL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, ICL did better than 91% of all other stocks. On top of that, ICL also shows a nice and consistent pattern of rising prices.
ICL is one of the better performing stocks in the Chemicals industry, it outperforms 90% of 84 stocks in the same industry.
ICL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ICL is performing more or less in line with the market.
In the last month ICL has a been trading in the 6.28 - 7.04 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.
ICL has an excellent technical rating, but the quality of the setup is only medium 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
5.71
7.06
We found 4 important support areas.
- A support zone ranging from 6.56 to 6.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.33 to 6.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.96 to 5.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.77 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.91 to 6.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ICL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICL is neutral. |
| ChartMill Relative Strength | 91.21 | POSITIVE | ICL has a high relative strength, it outperformed 91.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.9 | NEUTRAL | The RSI value for ICL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ICL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.59 | NEUTRAL | The Stochastics value for ICL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ICL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.88 | NEGATIVE | The low ADX value for ICL 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)
6.68
+0.03 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.45%
1 Week0.15%
2 Weeks1.06%
1 Month1.37%
3 Month13.41%
6 Month36.61%
12 Month52.86%
2 Year21.9%
3 Year-26.43%
5 Year119.02%
10 Year-4.3%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%2.4%
ATR Inc32.64%
Range Today0.11
ADR(20)0.12
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.21
Mansfield2.28
10 Day High7.04
10 Day Low6.35
20 Day High7.04
20 Day Low6.28
52 Week High7.04
52 Week Low3.79
CS1 End6.66
CR1 Start6.91
Volume & EV
DER(3)2.49%
DER(5)1.3%
Volume871.10K
Volume Incr4.19%
Vol(5)867.83K
Vol(50)827.36K