SEASTAR MEDICAL HOLDING CORP (ICU) Stock Technical Analysis
USA - NASDAQ:ICU - US81256L2034 - Common Stock
0.9017 USD
+0 (+0.19%)
0.9028 USD
+0 (+0.12%)
Overall ICU gets a technical rating of 6 out of 10. In the past year, ICU was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
ICU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ICU is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 90% of 191 stocks in the same industry.
In the last month ICU has a been trading in the 0.78 - 0.94 range, which is quite wide. It is currently trading near the high of this range.
ICU has an average volume of 2400130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ICU is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ICU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.92. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone.
More info and screens
0.77
0.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.86 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.84 from a trend line in the daily time frame.
- A support zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.92 to 0.92. 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 | DOWN | NEGATIVE | The long term trend for ICU is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICU is up. |
| ChartMill Relative Strength | 87.42 | POSITIVE | ICU has a high relative strength, it outperformed 87.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ICU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ICU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.04 | NEUTRAL | The RSI value for ICU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ICU has a positive trend. |
| Stochastics (14,3) | 64.38 | NEUTRAL | The Stochastics value for ICU is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for ICU suggests high volalility. |
| Average Directional Index/ADX (14) | 15.52 | NEGATIVE | The low ADX value for ICU suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.93 | 0.85 | 0.08 (8.60%) | 11.62% |
| An entry @0.93. This is a Buy Stop order right above the resistance zone. | An exit @0.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.08 points, which is 8.60%. | For a 1.00% total portfolio risk, you can invest 11.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ICU. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.9017
+0 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.19%
1 Week3.61%
2 Weeks13.45%
1 Month12.71%
3 Month155.8%
6 Month-59.38%
12 Month-80.09%
2 Year-86.34%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%7.24%
ATR Inc-30.62%
Range Today0.05
ADR(20)0.07
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.42
Mansfield-5.36
10 Day High0.94
10 Day Low0.79
20 Day High0.95
20 Day Low0.78
52 Week High4.97
52 Week Low0.31
CS1 End0.88
CR1 Start0.92
Volume & EV
DER(3)-0.68%
DER(5)-5.24%
Volume1.27M
Volume Incr-8.98%
Vol(5)1.04M
Vol(50)2.40M