INVESTCORP AI ACQUISITION CO (IVCA) Stock Technical Analysis
NASDAQ:IVCA - KYG492191013 - Common Stock
12 USD
-0.09 (-0.74%)
11.5 USD
-0.5 (-4.17%)
Overall IVCA gets a technical rating of 7 out of 10. In the last year, IVCA was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: IVCA has an average volume of 4410 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that IVCA is one of the better performing stocks in the market, outperforming 74% of all stocks. On top of that, IVCA also shows a nice and consistent pattern of rising prices.
IVCA 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 IVCA is lagging the market slightly.
In the last month IVCA has a been trading in a tight range between 11.60 and 12.24.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, IVCA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.70
12.44
We found 1 important support area.
- A support zone ranging from 11.82 to 11.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.00 to 12.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.31 to 12.32. This zone is formed by a combination of multiple trend lines 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 IVCA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVCA is neutral. |
| ChartMill Relative Strength | 74.79 | POSITIVE | IVCA has a high relative strength, it outperformed 74.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVCA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IVCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.65 | NEUTRAL | The RSI value for IVCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IVCA has a negative trend. |
| Stochastics (14,3) | 70.31 | NEUTRAL | The Stochastics value for IVCA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for IVCA suggests low volalility. |
| Average Directional Index/ADX (14) | 39.41 | POSITIVE | The high ADX value value for IVCA 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 |
|---|---|---|---|
| 12.09 | 11.59 | 0.50 (4.15%) | 24.09% |
| An entry @12.09. This is a Buy Stop order right above the 10 day moving average. | An exit @11.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.50 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.09% of your capital in this trade. |
- 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.
12
-0.09 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week-0.83%
2 Weeks0%
1 Month0%
3 Month2.04%
6 Month5.26%
12 Month9.39%
2 Year12.68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.62%
ATR Inc52.34%
Range Today0.08
ADR(20)0.06
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.79
Mansfield-0.04
10 Day High12.24
10 Day Low11.6
20 Day High12.24
20 Day Low11.6
52 Week High12.37
52 Week Low10.99
CS1 End11.99
CR1 Start12
Volume & EV
DER(3)0.97%
DER(5)0.33%
Volume6.00K
Volume Incr872.24%
Vol(5)20.66K
Vol(50)4.41K