ICONIC MINERALS LTD (ICM.CA) Technical Analysis
TSX-V:ICM • CA4509591018
Current stock price
ICM.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to ICM. Although ICM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- ICM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ICM is lagging the market.
- In the last month ICM has a been trading in the 0.09 - 0.14 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.
- When comparing the yearly performance of all stocks, we notice that ICM is one of the better performing stocks in the market, outperforming 97% of all stocks.
- ICM is one of the better performing stocks in the Metals & Mining industry, it outperforms 94% of 795 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
ICM.CA Weekly and Daily overview Charts
ICM.CA Setup Rating and Analysis
ICM has a poor technical rating and the quality of the setup is also only medium 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
ICM.CA Support and Resistance Analysis
0.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.07 from a trend line in the weekly time frame.
ICM.CA 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 ICM.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICM.CA is down. |
| ChartMill Relative Strength | 97.6 | POSITIVE | ICM.CA has a high relative strength, it outperformed 97.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICM.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICM.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ICM.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.71 | NEUTRAL | The RSI value for ICM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ICM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.78 | OVERSOLD | The low Stochastics value suggests ICM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 16.67 | HIGH VOLATILITY | The high ATR as a percentage value for ICM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for ICM.CA suggests a possible start of a new trend. |
ICM.CA Chart- and CandleStick Pattern Analysis
ICM.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:ICM (3/27/2026, 7:00:00 PM)
0.09
-0.01 (-5.26%)
ICONIC MINERALS LTD / ICM.CA TA FAQ
What is the technical rating for ICM stock?
ChartMill assigns a technical rating of 3 / 10 to ICM.CA.
What is the current trend direction of ICONIC MINERALS LTD (ICM.CA) stock?
The current trend direction for ICONIC MINERALS LTD (ICM.CA) is Bearish.
What is the RSI signal for ICM stock?
ICONIC MINERALS LTD (ICM.CA) has an RSI value of 35.7109. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ICONIC MINERALS LTD?
The MACD indicator for ICONIC MINERALS LTD (ICM.CA) has a value of 0.000123933, indicating a bearish trend.
Can you provide the buy/sell signal for ICONIC MINERALS LTD?
The buy/sell signal for ICONIC MINERALS LTD (ICM.CA) is sell as both the short term and long term trends are negative.