ICON PLC (ICLR) Technical Analysis
NASDAQ:ICLR • IE0005711209
Current stock price
ICLR Technical Rating and Analysis
Overall ICLR gets a technical rating of 1 out of 10. ICLR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ICLR is a bad performer in the overall market: 91% of all stocks are doing better.
- ICLR is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 78% of 56 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month ICLR has a been trading in the 95.75 - 115.63 range, which is quite wide. It is currently trading near the high of this range.
- ICLR has an average volume of 2002090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ICLR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ICLR is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ICLR Support and Resistance Analysis
96.17
We found 2 important support areas.
- A support zone ranging from 103.31 to 105.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 97.14 to 98.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 114.20 to 114.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 180.25 to 181.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @187.80 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 | NEUTRAL | NEUTRAL | The short term trend for ICLR is neutral. |
| ChartMill Relative Strength | 9.32 | NEGATIVE | ICLR has a low relative strength, it was outperformed by 90.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICLR is above the rising 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 | NEGATIVE | The current price of ICLR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.74 | NEUTRAL | The RSI value for ICLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.18 | POSITIVE | The MACD value suggests ICLR has a positive trend. |
| Stochastics (14,3) | 91.89 | OVERBOUGHT | The high Stochastics value suggests ICLR may be overbought. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ICLR suggests some volalility. |
| Average Directional Index/ADX (14) | 30.48 | POSITIVE | The high ADX value value for ICLR suggests a strong trend. |
ICLR Chart- and CandleStick Pattern Analysis
ICLR Technicals: Chart, Performance Metrics, Trend & Indicators
114.19
+2.77 (+2.49%)
ICON PLC / ICLR TA FAQ
Can you provide the ChartMill technical rating for ICON PLC?
ChartMill assigns a technical rating of 1 / 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 56.7395. 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 neutral.