NASDAQ:ICLN - Nasdaq - US4642882249 - ETF - Currency: USD
Taking everything into account, ICLN scores 6 out of 10 in our technical rating. In the last year, ICLN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
ICLN has an average technical rating and the quality of the presented setup is also 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.
11.85
We found 3 important support areas.
We found 1 important resistance area.
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 ICLN is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICLN is neutral. |
ChartMill Relative Strength | 57.19 | NEUTRAL | ICLN is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICLN is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICLN is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ICLN is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.21 | NEUTRAL | The RSI value for ICLN is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ICLN has a negative trend. |
Stochastics (14,3) | 22.51 | NEUTRAL | The Stochastics value for ICLN is a neutral value. |
Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for ICLN suggests low volalility. |
Average Directional Index/ADX (14) | 25.36 | POSITIVE | The high ADX value value for ICLN suggests a strong trend. |
13.53
+0.12 (+0.89%)