SWIFTMERGE ACQUISITION COR-A (IVCP) Technical Analysis
NASDAQ:IVCP • KYG638361033
Current stock price
10.5 USD
+0.99 (+10.41%)
At close:
10.55 USD
+0.05 (+0.48%)
After Hours:
IVCP Technical Rating and Analysis
Overall IVCP gets a technical rating of 2 out of 10. IVCP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- IVCP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month IVCP has a been trading in the 8.80 - 13.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: IVCP has an average volume of 17749 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, IVCP outperforms 42% of them, which is more or less in line with the market.
IVCP Weekly and Daily overview Charts
IVCP Setup Rating and Analysis
The technical rating of IVCP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
IVCP Support and Resistance Analysis
10.39
12.32
We found 1 important support area.
- Support @10.49 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.87 to 11.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.29 from a horizontal line in the weekly time frame.
- Resistance @11.91 from a horizontal line in the daily time frame.
- Resistance @12.20 from a horizontal line in the daily time frame.
IVCP 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 | NEUTRAL | NEUTRAL | The long term trend for IVCP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IVCP is neutral. |
| ChartMill Relative Strength | 42.92 | NEUTRAL | IVCP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IVCP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IVCP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IVCP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.1 | NEUTRAL | The RSI value for IVCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests IVCP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.35 | OVERSOLD | The low Stochastics value suggests IVCP may be oversold. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for IVCP suggests high volalility. |
| Average Directional Index/ADX (14) | 48.23 | POSITIVE | The high ADX value value for IVCP suggests a strong trend. |
IVCP 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)
IVCP Technicals: Chart, Performance Metrics, Trend & Indicators
10.5
+0.99 (+10.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.41%
1 Week-6.63%
2 Weeks-6.91%
1 Month-5.06%
3 Month-4.28%
6 Month-2.69%
12 Month1.35%
2 Year3.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%5.81%
ATR Inc738.12%
Range Today4.51
ADR(20)0.6
ADR(20)%5.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.92
3 months CRSN/A
6 months CRSN/A
Mansfield-1.92
10 Day High13.39
10 Day Low8.8
20 Day High13.39
20 Day Low8.8
52 Week High13.39
52 Week Low8.8
CS1 End10.49
CR1 Start10.87
Volume & EV
DER(3)-10.08%
DER(5)-5.48%
Volume43.10K
Volume Incr-38.92%
Vol(5)17.58K
Vol(50)17.75K
SWIFTMERGE ACQUISITION COR-A / IVCP TA FAQ
Can you provide the ChartMill technical rating for SWIFTMERGE ACQUISITION COR-A?
ChartMill assigns a technical rating of 2 / 10 to IVCP.
What is the current trend direction of SWIFTMERGE ACQUISITION COR-A (IVCP) stock?
The current trend direction for SWIFTMERGE ACQUISITION COR-A (IVCP) is Bearish.
What is the RSI signal for SWIFTMERGE ACQUISITION COR-A (IVCP) stock?
SWIFTMERGE ACQUISITION COR-A (IVCP) has an RSI value of 43.1031. This indicates that the stock is currently neutral.
What is the short term momentum for SWIFTMERGE ACQUISITION COR-A (IVCP) stock?
The short term momentum for SWIFTMERGE ACQUISITION COR-A (IVCP) is neutral.