ICON ENERGY CORP (ICON) Stock Technical Analysis
NASDAQ:ICON - Nasdaq - MHY4001C2065 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ICON. ICON's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ICON is a bad performer in the overall market: 100% of all stocks are doing better.
ICON is part of the Marine Transportation industry. There are 32 other stocks in this industry, of which 80% are performing better than ICON.
In the last month ICON has a been trading in the 1.64 - 2.36 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.
ICON has an average volume of 7039150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of ICON is bad and it also does not present a 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
1.74
2.07
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.94 to 1.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.05 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.02
10 Day Low1.64
20 Day High2.36
20 Day Low1.64
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-7.37%
2 Weeks-7.37%
1 Month-14.98%
3 Month-84.77%
6 Month-98.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)28.4
LBB1.73
UBB2.04
1.76
+0.01 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.57%
1 Week-7.37%
2 Weeks-7.37%
1 Month-14.98%
3 Month-84.77%
6 Month-98.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.9%
ATR Inc-14.62%
Range Today0.06
ADR(20)0.13
ADR(20)%7.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.02
10 Day Low1.64
20 Day High2.36
20 Day Low1.64
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.94
Volume & EV
DER(3)11.04%
DER(5)1.07%
Volume32.80K
Volume Incr-45.61%
Vol(5)74.16K
Vol(50)7.04M