Logo image of IKNX

Ikonics Corporation (IKNX) Stock Technical Analysis

USA - NASDAQ:IKNX - Common Stock

33.9
-0.1 (-0.29%)
Last: 12/13/2021, 8:39:49 PM
Technical Rating and Analysis

10

Taking everything into account, IKNX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, IKNX 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.
Looking at the yearly performance, IKNX did better than 99% of all other stocks. We also observe that the gains produced by IKNX over the past year are nicely spread over this period.
IKNX is one of the better performing stocks in the Chemicals industry, it outperforms 100% of 82 stocks in the same industry.
IKNX 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 IKNX is lagging the market slightly.
In the last month IKNX has a been trading in the 26.13 - 43.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Weekly and Daily overview Charts
Ikonics Corporation / IKNX Weekly stock chart
Ikonics Corporation / IKNX Daily stock chart
Setup Rating and Analysis

5

IKNX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

More info and screens

Support and Resistance Analysis

25.83

34.95

3 important support areas can be observed.

  • Support @29.80 from a trend line in the daily time frame.
  • A support zone ranging from 28.85 to 28.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.09 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @34.60 from a horizontal line in the daily time frame.

More info

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for IKNX is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for IKNX is neutral.
ChartMill Relative Strength99.65POSITIVEIKNX has a high relative strength, it outperformed 99.65% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of IKNX is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of IKNX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of IKNX is above the rising SMA(200).
Relative Strength Index/RSI (14)50.19NEUTRALThe RSI value for IKNX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.46NEGATIVEThe MACD value suggests IKNX has a negative trend, although the MACD value is rising.
Stochastics (14,3)47.27NEUTRALThe Stochastics value for IKNX is a neutral value.
Average True Range in percent/ATR (20)11.67HIGH VOLATILITYThe high ATR as a percentage value for IKNX suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)

More info

Ikonics Corporation / IKNX Daily stock chart

Ikonics Corporation

NASDAQ:IKNX (12/13/2021, 8:39:49 PM)

33.9

-0.1 (-0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.29%
1 Week9.21%
2 Weeks-8.63%
1 Month1.71%
3 Month24.86%
6 Month225.02%
12 Month428.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.69
ATR(20)%11.67%
ATR Inc-16.26%
Range Today3.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.65
3 months CRSN/A
6 months CRSN/A
Mansfield6.68
10 Day High37.05
10 Day Low26.13
20 Day High43.98
20 Day Low26.13
52 Week High43.98
52 Week Low6.31
CS1 End29.8
CR1 Start34.6
Volume & EV
DER(3)-6.25%
DER(5)1.96%
Volume55.10K
Volume Incr14.4%
Vol(5)39.80K
Vol(50)30.15K

Ikonics Corporation / IKNX FAQ

What is the ChartMill technical rating of Ikonics Corporation (IKNX) stock?

ChartMill assigns a technical rating of 9 / 10 to IKNX.


What is the current trend direction of Ikonics Corporation (IKNX) stock?

The current trend direction for Ikonics Corporation (IKNX) is Bullish.


What is the RSI signal for Ikonics Corporation (IKNX) stock?

Ikonics Corporation (IKNX) has an RSI value of 50.1869. This indicates that the stock is currently neutral.


Can you provide the MACD signal for Ikonics Corporation?

The MACD indicator for Ikonics Corporation (IKNX) has a value of -0.463157, indicating a bearish trend.


What is the short term momentum for IKNX stock?

The short term momentum for Ikonics Corporation (IKNX) is neutral.