IHS HOLDING LTD (IHS) Stock Technical Analysis
NYSE:IHS - New York Stock Exchange, Inc. - KYG4701H1092 - Common Stock - Currency: USD
Overall IHS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IHS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that IHS is one of the better performing stocks in the market, outperforming 93% of all 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 33 other stocks in this industry. IHS outperforms 84% of them.
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.
IHS has an average volume of 1078290 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 the 5.40 - 6.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, IHS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.28. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for IHS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.39
6.41
3 important support areas can be observed.
- A support zone ranging from 5.81 to 5.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.55 to 5.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.44 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.28 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for IHS is neutral. |
| ChartMill Relative Strength | 93.33 | POSITIVE | IHS has a high relative strength, it outperformed 93.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IHS is below 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) | 50.09 | 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) | 60.04 | NEUTRAL | The Stochastics value for IHS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for IHS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for IHS suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 6.06 | 5.85 | 0.21 (3.48%) | 25.00% |
| An entry @6.06. This is a Buy Stop order right above the 10 day moving average. | An exit @5.85. 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 3.48%. | For a 0.87% 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 IHS. 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.
5.89
-0.2 (-3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-3.28%
1 Week-1.17%
2 Weeks-2.32%
1 Month2.43%
3 Month19.23%
6 Month83.49%
12 Month105.23%
2 Year-27.28%
3 Year-31.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4.19%
ATR Inc-31.41%
Range Today0.25
ADR(20)0.24
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.33
Mansfield3.6
10 Day High6.27
10 Day Low5.86
20 Day High6.43
20 Day Low5.4
52 Week High6.43
52 Week Low2.44
CS1 End5.85
CR1 Start6.28
Volume & EV
DER(3)5.38%
DER(5)5.59%
Volume1.24M
Volume Incr-6.42%
Vol(5)842.76K
Vol(50)1.08M