ICON PLC (ICLR) Stock Technical Analysis
USA - NASDAQ:ICLR - IE0005711209 - Common Stock
Taking everything into account, ICLR scores 1 out of 10 in our technical rating. ICLR performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
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.
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160.89
When analyzing the support we notice one important area.
- A support zone ranging from 162.52 to 163.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 172.70 to 174.52. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 183.17 to 185.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 191.33 to 195.02. 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 | NEUTRAL | NEUTRAL | The long term trend for ICLR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICLR is down. |
| ChartMill Relative Strength | 18.99 | NEGATIVE | ICLR has a low relative strength, it was outperformed by 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ICLR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.96 | NEUTRAL | The RSI value for ICLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.69 | NEGATIVE | The MACD value suggests ICLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.38 | OVERSOLD | The low Stochastics value suggests ICLR may be oversold. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for ICLR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for ICLR suggests a weak or negative trend. |
171.82
+6.49 (+3.93%)
ICON PLC / ICLR FAQ
Can you provide the ChartMill technical rating for ICON PLC?
ChartMill assigns a technical rating of 1 / 10 to ICLR.
What is the current trend direction of ICON PLC (ICLR) stock?
The current trend direction for ICON PLC (ICLR) is Bearish.
Can you provide the RSI signal for ICON PLC?
ICON PLC (ICLR) has an RSI value of 42.9599. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ICON PLC?
The MACD indicator for ICON PLC (ICLR) has a value of -2.6873, indicating a bearish trend.
Can you provide the short term momentum for ICON PLC?
The short term momentum for ICON PLC (ICLR) is negative.