ICOP SPA (ICOP.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:ICOP - IT0001214433 - Common Stock
We assign a technical rating of 4 out of 10 to ICOP. ICOP performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than ICOP.
- ICOP is part of the Construction & Engineering industry. There are 43 other stocks in this industry, of which 80% are performing better than ICOP.
- Warning: ICOP has an average volume of 20870 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month ICOP has a been trading in the 16.00 - 20.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ICOP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.36, a Stop Loss order could be placed below this zone.
More info and screens
15.69
We found 2 important support areas.
- A support zone ranging from 16.93 to 17.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.85 to 16.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.50 to 19.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ICOP.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ICOP.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ICOP.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ICOP.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICOP.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.17 | NEUTRAL | The RSI value for ICOP.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests ICOP.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.99 | NEUTRAL | The Stochastics value for ICOP.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for ICOP.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for ICOP.MI suggests a possible start of a new trend. |
BIT:ICOP (1/20/2026, 7:00:00 PM)
18.3
-0.3 (-1.61%)
ICOP SPA / ICOP.MI FAQ
Can you provide the ChartMill technical rating for ICOP SPA?
ChartMill assigns a technical rating of 4 / 10 to ICOP.MI.
What is the trend direction for ICOP stock?
The current trend direction for ICOP SPA (ICOP.MI) is Bullish.
What is the RSI signal for ICOP stock?
ICOP SPA (ICOP.MI) has an RSI value of 54.1702. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ICOP SPA?
The MACD indicator for ICOP SPA (ICOP.MI) has a value of -0.160467, indicating a bearish trend.