ICON PLC (ICLR) Stock Technical Analysis
NASDAQ:ICLR - Nasdaq - IE0005711209 - Common Stock - Currency: USD
Taking everything into account, ICLR scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ICLR was also a bad performer in the overall market in the last year.
93% of all other stocks performed better in the past year than ICLR.
ICLR is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, of which 83% 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.
ICLR has an average volume of 1420880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ICLR has a been trading in the 140.20 - 155.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ICLR does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
143.10
153.60
2 important support areas can be observed.
- A support zone ranging from 147.62 to 149.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @144.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 150.53 to 152.08. 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 | DOWN | NEGATIVE | The long term trend for ICLR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICLR is up. |
| ChartMill Relative Strength | 7.32 | NEGATIVE | ICLR has a low relative strength, it was outperformed by 92.68% 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) | UP | POSITIVE | The current price of ICLR is above 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) | 57.89 | NEUTRAL | The RSI value for ICLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests ICLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.75 | NEUTRAL | The Stochastics value for ICLR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for ICLR suggests some volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for ICLR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
150.52
-1.55 (-1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.02%
1 Week0.28%
2 Weeks2.57%
1 Month3.42%
3 Month4.5%
6 Month-31.02%
12 Month-55.21%
2 Year-40.13%
3 Year-37.61%
5 Year-18.84%
10 Year86.29%
15 Year537.8%
Volatility
ATR(14)5.01
ATR(20)%3.29%
ATR Inc1.49%
Range Today3.26
ADR(20)4.87
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.32
Mansfield-3.51
10 Day High155.9
10 Day Low142.89
20 Day High155.9
20 Day Low140.2
52 Week High347.72
52 Week Low125.1
CS1 End149.21
CR1 Start150.53
Volume & EV
DER(3)0.04%
DER(5)-1.85%
Volume1.01M
Volume Incr-3.5%
Vol(5)1.12M
Vol(50)1.42M