IHS HOLDING LTD (IHS) Technical Analysis
NYSE:IHS • KYG4701H1092
Current stock price
IHS Technical Rating and Analysis
Overall IHS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IHS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, IHS did better than 87% of all other stocks. On top of that, IHS also shows a nice and consistent pattern of rising prices.
- IHS is part of the Diversified Telecommunication Services industry. There are 37 other stocks in this industry. IHS outperforms 75% of them.
- IHS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IHS is performing more or less in line with the market.
- IHS has an average volume of 2189010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month IHS has a been trading in a tight range between 8.01 and 8.34.
- Considerably lower volume is observed in the last couple of days.
IHS Weekly and Daily overview Charts
IHS Setup Rating and Analysis
IHS has an excellent technical rating and 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.
More info and screens
IHS Support and Resistance Analysis
6.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.99 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 7.83 to 7.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.69 from a trend line in the weekly time frame.
- Support @6.65 from a trend line in the daily time frame.
- Support @6.35 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.25 to 8.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.74 from a horizontal line in the daily time frame.
IHS 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 | UP | POSITIVE | The short term trend for IHS is up. |
| ChartMill Relative Strength | 87.94 | POSITIVE | IHS has a high relative strength, it outperformed 87.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IHS is above the rising 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) | 53.31 | NEUTRAL | The RSI value for IHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IHS has a negative trend. |
| Stochastics (14,3) | 53.04 | NEUTRAL | The Stochastics value for IHS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for IHS suggests low volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for IHS suggests a weak or negative trend. |
IHS Chart- and CandleStick Pattern Analysis
IHS 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 |
|---|---|---|---|
| 8.31 | 8.16 | 0.15 (1.81%) | 25.00% |
| An entry @8.31. This is a Buy Stop order right above the resistance zone. | An exit @8.16. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 1.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- 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.
IHS Technicals: Chart, Performance Metrics, Trend & Indicators
8.23
-0.03 (-0.36%)
IHS HOLDING LTD / IHS TA FAQ
What is the ChartMill technical rating of IHS HOLDING LTD (IHS) stock?
ChartMill assigns a technical rating of 10 / 10 to IHS.
What is the current trend direction of IHS HOLDING LTD (IHS) stock?
The current trend direction for IHS HOLDING LTD (IHS) is Bullish.
Can you provide the RSI signal for IHS HOLDING LTD?
IHS HOLDING LTD (IHS) has an RSI value of 53.3085. This indicates that the stock is currently neutral.
What is the short term momentum for IHS HOLDING LTD (IHS) stock?
The short term momentum for IHS HOLDING LTD (IHS) is positive.
What is the buy/sell signal for IHS stock?
The buy/sell signal for IHS HOLDING LTD (IHS) is buy as both the short term and long term trends are positive.