ISHARES GLOBAL CLEAN ENERGY (ICLN) Stock Technical Analysis
NASDAQ:ICLN - Nasdaq - US4642882249 - ETF - Currency: USD
Overall ICLN gets a technical rating of 1 out of 10. ICLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ICLN is a bad performer in the overall market: 79% of all stocks are doing better.
ICLN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ICLN has an average volume of 3039480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ICLN has a been trading in a tight range between 10.99 and 11.59.
Although the technical rating is bad, ICLN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.29, a Stop Loss order could be placed below this zone.
More info and screens
10.92
15.12
When analyzing the support we notice one important area.
- A support zone ranging from 11.03 to 11.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 11.44 to 11.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.40 from a horizontal line in the weekly time frame.
- Resistance @13.36 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.34 to 14.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.97 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.34
Mansfield-2.08
10 Day High11.59
10 Day Low11
20 Day High11.59
20 Day Low11
52 Week High15.25
52 Week Low10.97
Performance
1 Week1.25%
2 Weeks-0.61%
1 Month1.52%
3 Month-6.27%
6 Month-21.38%
12 Month-16.96%
2 Year-40.83%
3 Year-45.15%
5 Year-9.55%
10 Year3.93%
15 Year-36.47%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)49.92
LBB11.08
UBB11.54
11.36
-0.16 (-1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.39%
1 Week1.25%
2 Weeks-0.61%
1 Month1.52%
3 Month-6.27%
6 Month-21.38%
12 Month-16.96%
2 Year-40.83%
3 Year-45.15%
5 Year-9.55%
10 Year3.93%
15 Year-36.47%
Volatility
ATR(14)0.17
ATR(20)%1.54%
ATR Inc29.48%
Range Today0.29
ADR(20)0.15
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.34
Mansfield-2.08
10 Day High11.59
10 Day Low11
20 Day High11.59
20 Day Low11
52 Week High15.25
52 Week Low10.97
CS1 End11.29
CR1 Start11.44
Volume & EV
DER(3)-0.03%
DER(5)0.13%
Volume2.23M
Volume Incr-20.44%
Vol(5)2.14M
Vol(50)3.04M