Londinia Opportunities Analyses - 06/17/2021 (GMT) ICHOR HOLDINGS - 1H

ICHOR HOLDINGS
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: ICHR
ISIN: KYG4740B1059

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 53.62 USD
My targets
51.75 USD (-1.90%)
48.50 USD (-8.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ICHOR HOLDINGS as long as the price remains well below 53.62 USD. The sellers' bearish objective is set at 51.75 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 48.50 USD. In case of crossing, the next objective would be the support located at 47.61 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The ICHOR HOLDINGS rating is 52.75 USD. On the day, this instrument lost -3.12% with the lowest point at 52.15 USD and the highest point at 55.53 USD. The deviation from the price is +1.15% for the low point and -5.01% for the high point.

52.15
55.53
52.75

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ICHOR HOLDINGS:

Technical


Technical analysis of ICHOR HOLDINGS in 1H shows a overall strongly bearish trend. 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

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

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 47.61 48.50 51.75 52.75 53.62 55.29 56.89
Change (%) -9.74% -8.06% -1.90% - +1.65% +4.82% +7.85%
Change -5.14 -4.25 -1.00 - +0.87 +2.54 +4.14
Level Major Minor Minor - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard52.0652.9853.7254.6455.3856.3057.04
Camarilla53.9954.1554.3054.4554.6054.7554.91
Woodie51.9652.9453.6254.6055.2856.2656.94
Fibonacci52.9853.6254.0154.6455.2855.6756.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard50.6852.1753.6755.1656.6658.1559.65
Camarilla54.3454.6154.8955.1655.4355.7155.98
Woodie50.6852.1753.6755.1656.6658.1559.65
Fibonacci52.1753.3254.0255.1656.3157.0158.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.0143.6949.9853.6659.9563.6369.92
Camarilla53.5254.4355.3556.2657.1758.0959.00
Woodie41.3144.3451.2854.3161.2564.2871.22
Fibonacci43.6947.5049.8653.6657.4759.8363.63

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 33.34
MACD (12,26,9): -0.6000
Directional Movement: -13.95
AROON (14): -64.28
DEMA (21): 53.47
Parabolic SAR (0,02-0,02-0,2): 55.05
Elder Ray (13): -0.84
Super Trend (3,10): 54.69
Zig ZAG (10): 52.70
VORTEX (21): 0.7800
Stochastique (14,3,5): 17.64
TEMA (21): 52.79
Williams %R (14): -82.16
Chande Momentum Oscillator (20): -2.15
Repulse (5,40,3): -1.0000
ROCnROLL: 2
TRIX (15,9): -0.0800
Courbe Coppock: 6.19
MA7: 54.53
MA20: 54.54
MA50: 55.28
MA100: 50.35
MAexp7: 53.32
MAexp20: 54.12
MAexp50: 54.63
MAexp100: 54.65
Price / MA7: -3.26%
Price / MA20: -3.28%
Price / MA50: -4.58%
Price / MA100: +4.77%
Price / MAexp7: -1.07%
Price / MAexp20: -2.53%
Price / MAexp50: -3.44%
Price / MAexp100: -3.48%

Quotes : - 15 min delayed data - Actions NASDAQ