INDEPENDENCE HOLDING CO (IHC)

Common Stock

57.01  +0.01 (+0.02%)

After market: 57.06 +0.05 (+0.09%)

Technical Rating and Analysis

9

Taking everything into account, IHC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IHC is showing a nice and steady performance.

Warning: IHC has an average volume of 29579 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IHC is one of the better performing stocks in the market, outperforming 92% of all stocks.
IHC is one of the better performing stocks in the Insurance industry, it outperforms 91% of 141 stocks in the same industry.
IHC 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 IHC is leading the market.
In the last month IHC has a been trading in a tight range between 56.75 and 57.26.
Weekly and Daily overview Charts
IHC Weekly chart
IHC Daily chart
Setup Rating and Analysis

7

IHC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 56.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

43.59

57.61

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 55.97 to 56.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @51.22 from a trend line in the daily time frame.
  • A support zone ranging from 47.68 to 48.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @44.03 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 57.04 to 57.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.99
Mansfield1.51
10 Day High57.26
10 Day Low56.85
20 Day High57.26
20 Day Low56.75
52 Week High57.43
52 Week Low37.99
Performance
1 Week0.02%
2 Weeks0.07%
1 Month0.42%
3 Month0.9%
6 Month39.18%
12 Month49.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)68.53
LBB56.87
UBB57.07
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.

ENTRYEXITDISTANCECAPITAL
57.0556.840.21 (0.37%)25.00%
An entry @57.05. This is a Buy Stop order right above the resistance zone.An exit @56.84. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.21 points, which is 0.37%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.09%.

  • 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.
IHC Daily chart

INDEPENDENCE HOLDING CO

NYSE:IHC (2/15/2022, 7:10:23 PM)

After market: 57.06 +0.05 (+0.09%)

57.01

+0.01 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0.02%
1 Week0.02%
2 Weeks0.07%
1 Month0.42%
3 Month0.9%
6 Month39.18%
12 Month49.12%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%0.18%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High57.26
10 Day Low56.85
20 Day High57.26
20 Day Low56.75
52 Week High57.43
52 Week Low37.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume40.10K
Volume Incr15.93%
Vol(5)21.96K
Vol(50)29.58K