Our Analysis of ICON plc ($ICLR) (2019-07-15)

Our first news is that we’ve found some terrific services that we believe will help immensely if you are trading ICON plc – take a quick look through the following:

Beat The Market Analyzer: https://logistics-business-review.com/recommended-tool-for-ICLR-investors (this is a fantastic tool – use this to analyze ICON plc in much more depth)
MM Publishing: https://logistics-business-review.com/mmpublishing-for-ICLR-investors
Trading Code: https://logistics-business-review.com/tradingcode-for-ICLR-investors
Trader HR: https://logistics-business-review.com/traderHR-for-ICLR-investors

REPORTING FOR 2019-07-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how ICON plc ($ICLR) has been trading over the last 2 weeks and the past day especially. On its latest session, ICON plc ($ICLR) opened at 149.18, reaching a high of 149.64 and a low of 148.42 before closing at a price of 149.04. There was a total volume of 111784.

VOLUME INDICATORS: We saw an accumulation-distribution index of 5370.61519, an on-balance volume of 149.69, chaikin money flow of 4.30435 and a force index of 1.28249. There was an ease of movement rating of -0.00133, a volume-price trend of 10.53746 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 1.96688, bolinger bands of 149.06126, an upper bollinger band of 148.11374, lower bollinger band of 148.42, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 149.08, high band keltner channel of 148.62, low band keltner channel of 149.54, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 148.42, a donchian channel low band of 148.42, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.00752, a MACD signal of 0.00418, a MACD difference of 0.00334, a fast Exponential Moving Average (EMA) indicator of 148.42, a slow Exponential Moving Average (EMA) indicator of 148.42, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.00448, a trix of 4.9242, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -9.73408, a KST Oscillator (KST) of 70.18792 and a KST Oscillator (KST Signal) of 70.18792 (leaving a KST difference of 0.60388). We also found an Ichimoku rating of 149.41, an Ichimoku B rating of 149.41, a Ichimoku visual trend A of 141.96641, an Ichimoku visual trend B of 144.49509, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.75782, a stochastic oscillator of 265.21739, a stochastic oscillator signal of 265.21739, a Williams %R rating of 165.21739 and an awesome oscillator of 0.59867.

RETURNS: There was a daily return of 7.01879, a daily log return of 0.22546 and a cumulative return of 0.22571.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ICON plc ($ICLR)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on ICON plc, we strongly advise ICON plc investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like ICON plc – without this you are trading blind:

We will of course continue to cover the news and price action of ICON plc, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ICON plc ($ICLR) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

Gary Ivenchuck

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