IHS HOLDING LTD (IHS) Stock Technical Analysis
NYSE:IHS - KYG4701H1092 - Common Stock
7.33 USD
-0.1 (-1.35%)
7.36 USD
+0.03 (+0.41%)
Taking everything into account, IHS scores 10 out of 10 in our technical rating. 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 and short term trends are both positive. This is looking good!
Looking at the yearly performance, IHS did better than 95% of all other stocks. On top of that, IHS also shows a nice and consistent pattern of rising prices.
IHS is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 90% of 34 stocks in the same industry.
IHS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IHS has a been trading in the 6.23 - 7.52 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IHS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 6.81, a Stop Loss order could be placed below this zone. 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
6.51
7.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.73 to 6.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.58 from a trend line in the daily time frame.
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 | 95.19 | POSITIVE | IHS has a high relative strength, it outperformed 95.19% 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) | 64.26 | NEUTRAL | The RSI value for IHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IHS has a positive trend. |
| Stochastics (14,3) | 83.14 | OVERBOUGHT | The high Stochastics value suggests IHS may be overbought. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for IHS suggests some volalility. |
| Average Directional Index/ADX (14) | 40.67 | 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 |
|---|---|---|---|
| 7.53 | 6.72 | 0.81 (10.76%) | 9.30% |
| An entry @7.53. This is a Buy Stop order right above the 10 day high. | An exit @6.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.81 points, which is 10.76%. | When investing 9.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
7.33
-0.1 (-1.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-1.35%
1 Week7.64%
2 Weeks0.27%
1 Month13.29%
3 Month32.07%
6 Month100.82%
12 Month122.8%
2 Year-1.08%
3 Year13.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%4.1%
ATR Inc3.36%
Range Today0.22
ADR(20)0.3
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.19
Mansfield5.23
10 Day High7.52
10 Day Low6.66
20 Day High7.52
20 Day Low6.23
52 Week High7.52
52 Week Low2.44
CS1 End6.81
CR1 StartN/A
Volume & EV
DER(3)3.28%
DER(5)4.2%
Volume633.30K
Volume Incr-3.25%
Vol(5)635.72K
Vol(50)765.83K