ICONIC MINERALS LTD (ICM.CA) Stock Technical Analysis
TSX-V:ICM • CA4509591018
We assign a technical rating of 6 out of 10 to ICM. ICM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ICM has a been trading in the 0.11 - 0.30 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.
- Looking at the yearly performance, ICM did better than 98% of all other stocks. We also observe that the gains produced by ICM over the past year are nicely spread over this period.
- ICM is part of the Metals & Mining industry. There are 800 other stocks in this industry. ICM outperforms 97% of them.
- ICM has an average volume of 1619500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- ICM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ICM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ICM has an average technical rating and it also does not offer a high 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
0.15
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for ICM.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICM.CA is down. |
| ChartMill Relative Strength | 98.87 | POSITIVE | ICM.CA has a high relative strength, it outperformed 98.87% 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) | UP | MIXED | The current price of ICM.CA is below 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) | 42.08 | NEUTRAL | The RSI value for ICM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ICM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.69 | OVERSOLD | The low Stochastics value suggests ICM.CA may be oversold. |
| Average True Range in percent/ATR (20) | 19.75 | HIGH VOLATILITY | The high ATR as a percentage value for ICM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.47 | POSITIVE | The high ADX value value for ICM.CA suggests a strong trend. |
TSX-V:ICM (2/20/2026, 7:00:00 PM)
0.15
+0.01 (+11.11%)
ICONIC MINERALS LTD / ICM.CA FAQ
What is the technical rating for ICM stock?
ChartMill assigns a technical rating of 6 / 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 42.0814. 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 -0.00849483, indicating a bearish trend.