ICONIC MINERALS LTD (ICM.CA) Stock Technical Analysis
TSX-V:ICM - TSX Venture Exchange - CA4509591018 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to ICM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ICM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ICM is one of the better performing stocks in the market, outperforming 98% of all stocks.
ICM is part of the Metals & Mining industry. There are 805 other stocks in this industry. ICM outperforms 98% of them.
A new 52 week high is currently being made by ICM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ICM has a been trading in the 0.04 - 0.08 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ICM has an excellent technical rating, it does not present a decent entry opportunity 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
0.04
0.08
We found 1 important support area.
- A support zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ICM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICM.CA is up. |
| ChartMill Relative Strength | 98.94 | POSITIVE | ICM.CA has a high relative strength, it outperformed 98.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.43 | 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. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests ICM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.69 | HIGH VOLATILITY | The high ATR as a percentage value for ICM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.4 | POSITIVE | The high ADX value value for ICM.CA 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)
TSX-V:ICM (7/17/2025, 7:00:00 PM)
0.08
+0.01 (+6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg6.67%
1 Week100%
2 Weeks33.33%
1 Month77.78%
3 Month77.78%
6 Month700%
12 Month433.33%
2 Year128.57%
3 Year-27.27%
5 Year-27.27%
10 Year60%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.69%
ATR Inc-8.7%
Range Today0.01
ADR(20)0.01
ADR(20)%7.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.94
Mansfield21.48
10 Day High0.08
10 Day Low0.04
20 Day High0.08
20 Day Low0.04
52 Week High0.08
52 Week Low0.01
CS1 End0.04
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume264.31K
Volume Incr362.02%
Vol(5)1.24M
Vol(50)292.66K