INVESTCORP CREDIT MANAGEMENT (ICMB) Stock Technical Analysis
USA - NASDAQ:ICMB - US46090R1041 - Common Stock
We assign a technical rating of 3 out of 10 to ICMB. In the past year, ICMB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, ICMB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.66
2 important support areas can be observed.
- Support @2.79 from a trend line in the weekly time frame.
- A support zone ranging from 2.69 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.86 to 2.88. 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 3.07. 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.
- A resistance zone ranging from 3.20 to 3.24. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for ICMB is neutral. |
| ChartMill Relative Strength | 26 | NEGATIVE | ICMB has a low relative strength, it was outperformed by 74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ICMB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ICMB is below the rising 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) | 45.96 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 19.22 | OVERSOLD | The low Stochastics value suggests ICMB may be oversold. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for ICMB suggests some volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for ICMB suggests a possible start of a new trend. |
2.83
+0.02 (+0.71%)
INVESTCORP CREDIT MANAGEMENT / ICMB FAQ
What is the technical rating for ICMB stock?
ChartMill assigns a technical rating of 3 / 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 45.9611. 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 -0.0122838, 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 2.79 and a resistance level at 2.86. Check the full technical report for our detailed analysis of ICMB support and resistance levels.