Londinia Opportunities Analyses - 04/25/2024 (GMT) ICL GROUP - 1H
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USD
(-)
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15 min delayed data - NYSE Stocks
| Type: | Stocks |
| Ticker: | ICL |
| ISIN: | IL0002810146 |
- U.S. Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
83%
6%
My opinion
Bearish under 4.64 USD
My targets
4.34 USD (-4.19%)
4.09 USD (-9.71%)
My analysis
ICL GROUP is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 4.64 USD. The next support located at 4.34 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 4.09 USD. Below this support, sellers could then target 2.92 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.4
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Additional analysis
Quotes
ICL GROUP rating 4.53 USD. The price is lower by -2.79% since the last closing and was between 4.53 USD and 4.61 USD. This implies that the price is at 0% from its lowest and at -1.74% from its highest.4.53
4.61
4.53
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ICL GROUP:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ICL GROUP indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 15 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 2.92 | 4.09 | 4.34 | 4.53 | 4.64 | 4.73 | 4.91 |
| Change (%) | -35.54% | -9.71% | -4.19% | - | +2.43% | +4.42% | +8.39% |
| Change | -1.61 | -0.44 | -0.19 | - | +0.11 | +0.20 | +0.38 |
| Level | Major | Intermediate | Minor | - | Major | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.46 | 4.53 | 4.59 | 4.66 | 4.72 | 4.79 | 4.85 |
| Camarilla | 4.62 | 4.64 | 4.65 | 4.66 | 4.67 | 4.68 | 4.70 |
| Woodie | 4.47 | 4.53 | 4.60 | 4.66 | 4.73 | 4.79 | 4.86 |
| Fibonacci | 4.53 | 4.58 | 4.61 | 4.66 | 4.71 | 4.74 | 4.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.45 | 4.53 | 4.62 | 4.70 | 4.79 | 4.87 | 4.96 |
| Camarilla | 4.66 | 4.68 | 4.69 | 4.71 | 4.73 | 4.74 | 4.76 |
| Woodie | 4.46 | 4.53 | 4.63 | 4.70 | 4.80 | 4.87 | 4.97 |
| Fibonacci | 4.53 | 4.60 | 4.64 | 4.70 | 4.77 | 4.81 | 4.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.15 | 4.46 | 4.92 | 5.23 | 5.69 | 6.00 | 6.46 |
| Camarilla | 5.17 | 5.24 | 5.31 | 5.38 | 5.45 | 5.52 | 5.59 |
| Woodie | 4.23 | 4.50 | 5.00 | 5.27 | 5.77 | 6.04 | 6.54 |
| Fibonacci | 4.46 | 4.75 | 4.94 | 5.23 | 5.52 | 5.71 | 6.00 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 30.04 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -25.94 | |
| AROON (14): | -64.29 | |
| DEMA (21): | 4.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.70 | |
| Elder Ray (13): | -0.09 | |
| Super Trend (3,10): | 4.67 | |
| Zig ZAG (10): | 4.54 | |
| VORTEX (21): | 0.7400 | |
| Stochastique (14,3,5): | 20.94 | |
| TEMA (21): | 4.60 | |
| Williams %R (14): | -89.74 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | -0.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 3.94 |
| MA7: | 4.67 | |
| MA20: | 4.90 | |
| MA50: | 5.06 | |
| MA100: | 4.93 | |
| MAexp7: | 4.61 | |
| MAexp20: | 4.65 | |
| MAexp50: | 4.71 | |
| MAexp100: | 4.80 | |
| Price / MA7: | -3.00% | |
| Price / MA20: | -7.55% | |
| Price / MA50: | -10.47% | |
| Price / MA100: | -8.11% | |
| Price / MAexp7: | -1.74% | |
| Price / MAexp20: | -2.58% | |
| Price / MAexp50: | -3.82% | |
| Price / MAexp100: | -5.63% |
Quotes :
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15 min delayed data
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Actions NYSE
News
The latest news and videos published on ICL GROUP at the time of the analysis were as follows:
- ICL Breaks Ground on $400 Million Battery Materials Manufacturing Plant in St. Louis
- ICL Reports Second Quarter 2023 Results
- ICL Announces Second Quarter 2023 Earnings Call
- ICL Provides Updates on Chinese Potash Agreement and 2023 EBITDA Guidance
- ICL Publishes Annual Corporate Responsibility (ESG) Report