ICL GROUP LTD (ICL) Stock Technical Analysis
NYSE:ICL - IL0002810146 - Common Stock
6.54 USD
+0.09 (+1.4%)
6.54 USD
0 (0%)
Overall ICL gets a technical rating of 6 out of 10. Although ICL has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ICL did better than 80% of all other stocks.
ICL is one of the better performing stocks in the Chemicals industry, it outperforms 80% of 84 stocks in the same industry.
ICL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ICL is lagging the market slightly.
In the last month ICL has a been trading in the 5.88 - 6.57 range, which is quite wide. It is currently trading near the high of this range.
ICL 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
5.86
6.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.15 to 6.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.02 from a trend line in the daily time frame.
- Support @5.92 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 | NEUTRAL | NEUTRAL | The long term trend for ICL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICL is up. |
| ChartMill Relative Strength | 80.38 | POSITIVE | ICL has a high relative strength, it outperformed 80.38% 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) | DOWN | NEGATIVE | The current price of ICL is below a declining 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) | 58.2 | NEUTRAL | The RSI value for ICL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ICL has a positive trend. |
| Stochastics (14,3) | 87.02 | OVERBOUGHT | The high Stochastics value suggests ICL may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ICL suggests some volalility. |
| Average Directional Index/ADX (14) | 16.96 | 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)
6.54
+0.09 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.4%
1 Week4.64%
2 Weeks6.86%
1 Month4.31%
3 Month-1.36%
6 Month8.46%
12 Month42.48%
2 Year9.55%
3 Year-31.66%
5 Year76.28%
10 Year15.55%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%2.07%
ATR Inc-19.52%
Range Today0.08
ADR(20)0.11
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.38
Mansfield0.5
10 Day High6.57
10 Day Low6.1
20 Day High6.57
20 Day Low5.88
52 Week High7.35
52 Week Low3.79
CS1 End6.2
CR1 StartN/A
Volume & EV
DER(3)1.35%
DER(5)2.16%
Volume487.60K
Volume Incr-20.22%
Vol(5)608.70K
Vol(50)701.37K