PANAMAX AG (ICP.DE) Stock Technical Analysis
FRA:ICP - Deutsche Boerse Ag - DE000A1R1C81
Overall ICP gets a technical rating of 0 out of 10. ICP 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, ICP is a bad performer in the overall market: 100% of all stocks are doing better.
ICP 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 ICP has a been trading in the 0.19 - 0.38 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.
Warning: ICP has an average volume of 559 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ICP has a poor technical rating and the quality of the setup is also not perfect 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
0.20
0.20
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 ICP.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ICP.DE is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | ICP.DE has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ICP.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ICP.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICP.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.03 | OVERSOLD | The low RSI value suggests ICP.DE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ICP.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.28 | OVERSOLD | The low Stochastics value suggests ICP.DE may be oversold. |
| Average True Range in percent/ATR (20) | 17.05 | HIGH VOLATILITY | The high ATR as a percentage value for ICP.DE suggests high volalility. |
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)
FRA:ICP (6/2/2020, 7:00:00 PM)
0.2
+0.01 (+6.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.95%
1 Week-22.48%
2 Weeks-19.35%
1 Month-46.24%
3 Month-71.43%
6 Month-78.02%
12 Month-87.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%17.05%
ATR Inc-12.5%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.06
Mansfield-8.1
10 Day High0.26
10 Day Low0.19
20 Day High0.38
20 Day Low0.19
52 Week High1.63
52 Week Low0.19
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume67
Volume Incr102.57%
Vol(5)843
Vol(50)559.3