IHS Technical Analysis - IHS HOLDING LTD

Technical Rating and Analysis

Taking everything into account, IHS scores 8 out of 10 in our technical rating. In the last year, IHS was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month IHS has a been trading in the 6.79 - 7.66 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.

When comparing the yearly performance of all stocks, we notice that IHS is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by IHS over the past year are nicely spread over this period.

IHS is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 97% of 35 stocks in the same industry.

IHS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IHS is lagging the market slightly.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

IHS HOLDING LTD / IHS Weekly stock chart

Setup Rating and Analysis

IHS has an excellent technical rating, but the quality of the setup is only medium 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

6.37

7.70

2 important support areas can be observed.

A support zone ranging from 6.64 to 6.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @6.43 from a trend line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 7.62 to 7.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 IHS is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for IHS is down.
ChartMill Relative Strength	94.13	POSITIVE	IHS has a high relative strength, it outperformed 94.13% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of IHS is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IHS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IHS is above the rising SMA(200).
Relative Strength Index/RSI (14)	44.53	NEUTRAL	The RSI value for IHS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests IHS has a negative trend.
Stochastics (14,3)	8.28	OVERSOLD	The low Stochastics value suggests IHS may be oversold.
Average True Range in percent/ATR (20)	3.58	MEDIUM VOLATILITY	The ATR as a percentage value for IHS suggests some volalility.
Average Directional Index/ADX (14)	30.93	POSITIVE	The high ADX value value for IHS suggests a strong trend.