ICON PLC (ICLR) Stock Technical Analysis
NASDAQ:ICLR - Nasdaq - IE0005711209 - Common Stock - Currency: USD
Overall ICLR gets a technical rating of 0 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: 94% of all stocks are doing better.
ICLR is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 76% of 56 stocks in the same industry do better.
ICLR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ICLR is lagging the market.
In the last month ICLR has a been trading in the 125.10 - 151.99 range, which is quite wide. It is currently trading near the lows of this range.
ICLR has an average volume of 1563080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
126.71
150.97
We can see 4 important resistance areas.
- A resistance zone ranging from 131.97 to 134.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @140.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 144.97 to 146.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @149.48 from a trend line in the daily time frame.
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 | 6.41 | NEGATIVE | ICLR has a low relative strength, it was outperformed by 93.59% 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 | NEGATIVE | The current price of ICLR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.99 | NEUTRAL | The RSI value for ICLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ICLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.15 | OVERSOLD | The low Stochastics value suggests ICLR may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ICLR suggests some volalility. |
| Average Directional Index/ADX (14) | 39.72 | 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)
127.99
+1 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.79%
1 Week-2.77%
2 Weeks-4.46%
1 Month-11.71%
3 Month-36.45%
6 Month-40.26%
12 Month-60.09%
2 Year-39.92%
3 Year-42.81%
5 Year-24.02%
10 Year97.3%
15 Year360.23%
Volatility
ATR(14)5.43
ATR(20)%4.85%
ATR Inc-53.1%
Range Today3.38
ADR(20)5.88
ADR(20)%4.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.41
Mansfield-4.73
10 Day High142.58
10 Day Low125.1
20 Day High151.99
20 Day Low125.1
52 Week High347.72
52 Week Low125.1
CS1 EndN/A
CR1 Start131.97
Volume & EV
DER(3)0.84%
DER(5)3.97%
Volume883.20K
Volume Incr-39.3%
Vol(5)1.32M
Vol(50)1.56M