Overall ICMB gets a technical rating of 0 out of 10. ICMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ICMB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone.
More info and screens
2.52
When analyzing the support we can see 2 important areas.
- Strong support @2.69 from a horizontal line in the daily time frame.
- A support zone ranging from 2.55 to 2.56. 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 2.79 to 2.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.99 to 3.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.12 from a horizontal line in the daily time frame.
- Resistance @3.17 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 | DOWN | NEGATIVE | The long term trend for ICMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICMB is down. |
| ChartMill Relative Strength | 27.4 | NEGATIVE | ICMB has a low relative strength, it was outperformed by 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.79 | NEUTRAL | The RSI value for ICMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ICMB has a negative trend. |
| Stochastics (14,3) | 41.61 | NEUTRAL | The Stochastics value for ICMB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ICMB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.52 | NEGATIVE | The low ADX value for ICMB suggests a weak or negative trend. |
2.74
+0.01 (+0.37%)
INVESTCORP CREDIT MANAGEMENT / ICMB FAQ
What is the technical rating for ICMB stock?
ChartMill assigns a technical rating of 0 / 10 to ICMB.
What is the trend direction for ICMB stock?
The current trend direction for INVESTCORP CREDIT MANAGEMENT (ICMB) is Bearish.
What is the RSI signal for INVESTCORP CREDIT MANAGEMENT (ICMB) stock?
INVESTCORP CREDIT MANAGEMENT (ICMB) has an RSI value of 41.7949. This indicates that the stock is currently neutral.
What is the MACD signal for INVESTCORP CREDIT MANAGEMENT (ICMB) stock?
The MACD indicator for INVESTCORP CREDIT MANAGEMENT (ICMB) has a value of -0.00894035, indicating a bearish trend.
What are the support and resistance levels for INVESTCORP CREDIT MANAGEMENT (ICMB) stock?
INVESTCORP CREDIT MANAGEMENT (ICMB) has a support level at 2.69 and a resistance level at 2.79. Check the full technical report for our detailed analysis of ICMB support and resistance levels.