NASDAQ:IDCC - Nasdaq - US45867G1013 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to IDCC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IDCC is showing a nice and steady performance.
Besides having an excellent technical rating, IDCC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
181.53
2 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 IDCC is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IDCC is neutral. |
ChartMill Relative Strength | 95.2 | POSITIVE | IDCC has a high relative strength, it outperformed 95.2% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDCC is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDCC is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDCC is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for IDCC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests IDCC has a negative trend. |
Stochastics (14,3) | 35.83 | NEUTRAL | The Stochastics value for IDCC is a neutral value. |
Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for IDCC suggests some volalility. |
Average Directional Index/ADX (14) | 26.71 | POSITIVE | The high ADX value value for IDCC suggests a strong trend. |
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 |
---|---|---|---|
218.71 | 207.97 | 10.74 (4.91%) | 20.36% |
An entry @218.71. This is a Buy Stop order right above the resistance zone. | An exit @207.97. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 10.74 points, which is 4.91%. | When investing 20.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
212.26
-0.25 (-0.12%)