ICOSAVAX INC (ICVX) Technical Analysis
NASDAQ:ICVX • US45114M1099
Current stock price
ICVX Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to ICVX. Both in the recent history as in the last year, ICVX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that ICVX is one of the better performing stocks in the market, outperforming 94% of all stocks.
- ICVX is part of the Biotechnology industry. There are 519 other stocks in this industry. ICVX outperforms 82% of them.
- ICVX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ICVX is leading the market.
- ICVX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ICVX has an average volume of 1367230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ICVX has a been trading in a tight range between 15.17 and 15.59.
ICVX Weekly and Daily overview Charts
ICVX Setup Rating and Analysis
Besides having an excellent technical rating, ICVX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.31, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ICVX Support and Resistance Analysis
14.93
We found 1 important support area.
- A support zone ranging from 15.08 to 15.31. 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 15.73 to 15.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
ICVX Technical Indicator Signal Analysis
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 ICVX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ICVX is up. |
| ChartMill Relative Strength | 94.46 | POSITIVE | ICVX has a high relative strength, it outperformed 94.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ICVX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ICVX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ICVX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.41 | NEUTRAL | The RSI value for ICVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ICVX has a negative trend. |
| Stochastics (14,3) | 48.15 | NEUTRAL | The Stochastics value for ICVX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for ICVX suggests low volalility. |
| Average Directional Index/ADX (14) | 31 | POSITIVE | The high ADX value value for ICVX suggests a strong trend. |
ICVX Chart- and CandleStick Pattern Analysis
ICVX Example Setup
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 |
|---|---|---|---|
| 15.35 | 15.18 | 0.17 (1.08%) | 25.00% |
| An entry @15.35. This is a Buy Stop order right above the 10 day moving average. | An exit @15.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 1.08%. | For a 0.27% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ICVX. 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.
ICVX Technicals: Chart, Performance Metrics, Trend & Indicators
15.31
-0.14 (-0.91%)
ICOSAVAX INC / ICVX TA FAQ
What is the ChartMill technical rating of ICOSAVAX INC (ICVX) stock?
ChartMill assigns a technical rating of 9 / 10 to ICVX.
What is the trend direction for ICVX stock?
The current trend direction for ICOSAVAX INC (ICVX) is Bullish.
Can you provide the RSI signal for ICOSAVAX INC?
ICOSAVAX INC (ICVX) has an RSI value of 55.4075. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ICOSAVAX INC?
The MACD indicator for ICOSAVAX INC (ICVX) has a value of -0.0546948, indicating a bearish trend.
What is the buy/sell signal for ICOSAVAX INC (ICVX) stock?
The buy/sell signal for ICOSAVAX INC (ICVX) is buy as both the short term and long term trends are positive.