In the medium term the prices have been in Downtrend.
ICIL Japanese Candlestick Analysis:
ICIL is trading near the Bottom of the day's range.
Lower High and Lower Low compared to previous day.
Day's Range: ~
ICIL had a gap-down opening with gap now acting as resistance area between ~ 41.00
ICIL opened at compared to previous close of 42.45
2019-05-24 was NR7 day. NR7 day after a trending move usually implies loss of momentum in trend. Range expansion is likely after NR7 day.
1 candlestick pattern: The candlestick pattern formed is Doji Candle
2 candlestick pattern: none
3 candlestick pattern: none
ICIL Gap Support and Resistance
ICIL day chart has unfilled gap down on 2016-11-11: 162.70~792.15 to act as resistance.
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2019-05-24
ICIL Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 39.4
20-Day average volume: 153,066
ICIL has average daily volume of 153,066 compared to today's volume of 0. It is currently trading Below 20 day simple moving average.
50-Day SMA: 46.2
50-Day average volume: 399,572
Short Term Trend is Down!!!
ICIL has resistance around the gap down area between today's high and previous low ~ 41.00 and further near 42.45
It is currently trading about 100% below it's 52-week high.
ICIL has made a new 52-week low today at .
For any stock, the 52-week low event is an important milestone because it implies very negative momentum. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
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52-week high low summary
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