SWIFTMERGE ACQUISITION COR-A (IVCP) Stock Technical Analysis
NASDAQ:IVCP - Nasdaq - KYG638361033 - Common Stock - Currency: USD
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. IVCP is lagging the S&P500 Index which is trading in the middle of its 52 week range.
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 comparing the performance of all stocks over the past year, IVCP turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
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
10.39
12.32
When analyzing the support we notice one important area.
- Support @10.49 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.92
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
Performance
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
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)-0.13
RSI(14)43.1
LBB9.98
UBB12.14
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
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