2.31 USD
+0.37 (+19.07%)
2 USD
-0.31 (-13.42%)
Taking everything into account, ICON scores 0 out of 10 in our technical rating. ICON scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 35 other stocks in this industry, of which 76% are performing better than ICON.
- ICON is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ICON has a been trading in the 1.94 - 4.23 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ICON has an average volume of 1765280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ICON has a poor technical rating and the quality of the setup is also only medium 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
2.29
2.33
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 ICON is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICON is down. |
| ChartMill Relative Strength | 0.53 | NEGATIVE | ICON has a low relative strength, it was outperformed by 99.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICON is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICON is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICON is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.24 | NEUTRAL | The RSI value for ICON is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ICON has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.79 | OVERSOLD | The low Stochastics value suggests ICON may be oversold. |
| Average True Range in percent/ATR (20) | 20.57 | HIGH VOLATILITY | The high ATR as a percentage value for ICON suggests high volalility. |
| Average Directional Index/ADX (14) | 26.73 | POSITIVE | The high ADX value value for ICON suggests a strong trend. |
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)
2.31
+0.37 (+19.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg19.07%
1 Week-16.3%
2 Weeks-29.37%
1 Month-23.38%
3 Month-73.14%
6 Month-82.43%
12 Month-97.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%20.57%
ATR Inc93.46%
Range Today0.95
ADR(20)0.45
ADR(20)%19.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.53
3 months CRS1.17
6 months CRS1.3
Mansfield-8.61
10 Day High4.23
10 Day Low1.94
20 Day High4.23
20 Day Low1.94
52 Week High98.7
52 Week Low1.94
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-5.59%
DER(5)-3.94%
Volume26.92M
Volume Incr790.34%
Vol(5)6.54M
Vol(50)1.77M
ICON ENERGY CORP / ICON FAQ
What is the ChartMill technical rating of ICON ENERGY CORP (ICON) stock?
ChartMill assigns a technical rating of 0 / 10 to ICON.
Can you provide the trend direction for ICON ENERGY CORP?
The current trend direction for ICON ENERGY CORP (ICON) is Bearish.
What is the RSI signal for ICON ENERGY CORP (ICON) stock?
ICON ENERGY CORP (ICON) has an RSI value of 35.2407. This indicates that the stock is currently neutral.
What is the short term momentum for ICON ENERGY CORP (ICON) stock?
The short term momentum for ICON ENERGY CORP (ICON) is negative.