We assign a technical rating of 4 out of 10 to ICMB. Recently some decent action could be observed, but in the medium term time frame this is still negative. ICMB was also a bad performer in the overall market in the last year.
- 73% of all other stocks performed better in the past year than ICMB.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month ICMB has a been trading in the 2.66 - 2.89 range, which is quite wide. It is currently trading near the high of this range.
- ICMB is an average performer in the Capital Markets industry, it outperforms 42% of 237 stocks in the same industry.
- ICMB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ICMB is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ICMB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ICMB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.78 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.69 to 2.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.83 to 2.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.98 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.06 to 3.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.16 from a trend line in the weekly time frame.
- Resistance @3.38 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for ICMB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICMB is up. |
| ChartMill Relative Strength | 27.11 | NEGATIVE | ICMB has a low relative strength, it was outperformed by 72.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ICMB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.59 | NEUTRAL | The RSI value for ICMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ICMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.59 | NEUTRAL | The Stochastics value for ICMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ICMB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.1 | NEGATIVE | The low ADX value for ICMB suggests a weak or negative trend. |
2.82
-0.01 (-0.18%)
INVESTCORP CREDIT MANAGEMENT / ICMB FAQ
What is the technical rating for ICMB stock?
ChartMill assigns a technical rating of 4 / 10 to ICMB.
Can you provide the trend direction for INVESTCORP CREDIT MANAGEMENT?
The current trend direction for INVESTCORP CREDIT MANAGEMENT (ICMB) is Bearish.
What is the RSI signal for ICMB stock?
INVESTCORP CREDIT MANAGEMENT (ICMB) has an RSI value of 53.5898. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESTCORP CREDIT MANAGEMENT?
The MACD indicator for INVESTCORP CREDIT MANAGEMENT (ICMB) has a value of 0.00695877, indicating a bearish trend.
What is the short term momentum for ICMB stock?
The short term momentum for INVESTCORP CREDIT MANAGEMENT (ICMB) is positive.