ICON PLC (ICLR) Technical Analysis
NASDAQ:ICLR • IE0005711209
Current stock price
ICLR Technical Rating and Analysis
Overall ICLR gets a technical rating of 2 out of 10. ICLR 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, ICLR is a bad performer in the overall market: 92% of all stocks are doing better.
- ICLR is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry, of which 80% are performing better than ICLR.
- ICLR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month ICLR has a been trading in the 99.37 - 121.03 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.
- ICLR has an average volume of 1572090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ICLR Weekly and Daily overview Charts
ICLR Setup Rating and Analysis
The technical rating of ICLR is bad and it also does not present a 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
ICLR Support and Resistance Analysis
96.17
When analyzing the support we notice one important area.
- Support @97.14 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 112.43 to 112.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 178.82 to 180.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @186.86 from a trend line in the weekly time frame.
ICLR Technical Indicator Signal Analysis
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 ICLR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICLR is down. |
| ChartMill Relative Strength | 8.02 | NEGATIVE | ICLR has a low relative strength, it was outperformed by 91.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ICLR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ICLR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICLR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.59 | NEUTRAL | The RSI value for ICLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests ICLR has a negative trend. |
| Stochastics (14,3) | 16.31 | OVERSOLD | The low Stochastics value suggests ICLR may be oversold. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for ICLR suggests high volalility. |
| Average Directional Index/ADX (14) | 21.44 | NEUTRAL | The ADX value for ICLR suggests a possible start of a new trend. |
ICLR Chart- and CandleStick Pattern Analysis
ICLR Technicals: Chart, Performance Metrics, Trend & Indicators
103.21
+1.04 (+1.02%)
ICON PLC / ICLR TA FAQ
Can you provide the ChartMill technical rating for ICON PLC?
ChartMill assigns a technical rating of 2 / 10 to ICLR.
What is the trend direction for ICLR stock?
The current trend direction for ICON PLC (ICLR) is Bearish.
What is the RSI signal for ICLR stock?
ICON PLC (ICLR) has an RSI value of 40.5883. This indicates that the stock is currently neutral.
What is the short term momentum for ICLR stock?
The short term momentum for ICON PLC (ICLR) is negative.
What is the buy/sell signal for ICLR stock?
The buy/sell signal for ICON PLC (ICLR) is sell as both the short term and long term trends are negative.