NYSE:ICL - New York Stock Exchange, Inc. - IL0002810146 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ICL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ICL is showing a nice and steady performance.
Although ICL has an excellent technical rating, the quality of the presented setup is not ideal 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.
5.56
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
6.87 | 6.51 | 0.36 (5.22%) | 19.14% |
An entry @6.87. This is a Buy Stop order right above the resistance zone. | An exit @6.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 5.22%. | For a 1.00% total portfolio risk, you can invest 19.14% of your capital in this trade. |
6.85
+0.01 (+0.15%)