Technical Analysis for ICG - Intchains Group Limited

Grade Last Price % Change Price Change
D 7.88 -7.93% -0.68
ICG closed down 7.93 percent on Monday, July 1, 2024, on 2.39 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
Evening Star Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Weak + Overbought Other 0.00%
Wide Bands Range Expansion 0.00%
Weak, Overbought and Reversal Signs Reversal 0.00%
Overbought Stochastic Strength 0.00%
MACD Bullish Centerline Cross Bullish -7.93%
Pocket Pivot Bullish Swing Setup -7.93%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 9 hours ago
1.5x Volume Pace about 9 hours ago
3x Volume Pace about 9 hours ago
Down 3% about 9 hours ago
Down 2 % about 9 hours ago

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Profile

Intchains Group Limited Description

Intchains Group Limited is a provider of integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. The Company utilizes a fabless business model and specializes in the front-end and back-end of IC design, which are the major components of the IC product development chain. The Company has established strong supply chain management with a leading foundry, which helps to ensure its product quality and stable production output. The Company’s products consist of high-performance ASIC chips that have high computing power and superior power efficiency as well as ancillary software and hardware, which cater to the evolving needs of the blockchain industry. The Company has built a proprietary technology platform named “Xihe” Platform, which allows the Company to develop a wide range of ASIC chips with high efficiency and scalability.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: Computing Supply Chain Management Integrated Circuits Cryptocurrency Blockchain Electronic Engineering Fabless Semiconductor Companies Hardware Acceleration Fabless Manufacturing Asic Blockchain Applications

Is ICG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.2151
52 Week Low 5.81
Average Volume 19,837
200-Day Moving Average 8.65
50-Day Moving Average 7.89
20-Day Moving Average 7.38
10-Day Moving Average 7.56
Average True Range 0.42
RSI (14) 53.27
ADX 21.07
+DI 32.75
-DI 21.71
Chandelier Exit (Long, 3 ATRs) 7.33
Chandelier Exit (Short, 3 ATRs) 7.59
Upper Bollinger Bands 8.74
Lower Bollinger Band 6.01
Percent B (%b) 0.68
BandWidth 37.07
MACD Line 0.05
MACD Signal Line -0.14
MACD Histogram 0.19
Fundamentals Value
Market Cap 472.31 Million
Num Shares 59.9 Million
EPS 0.54
Price-to-Earnings (P/E) Ratio 14.59
Price-to-Sales 7.51
Price-to-Book 4.98
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.95
Resistance 3 (R3) 9.04 8.77 8.77
Resistance 2 (R2) 8.77 8.50 8.73 8.71
Resistance 1 (R1) 8.33 8.33 8.20 8.24 8.65
Pivot Point 8.06 8.06 8.00 8.02 8.06
Support 1 (S1) 7.62 7.79 7.49 7.53 7.11
Support 2 (S2) 7.35 7.62 7.31 7.05
Support 3 (S3) 6.91 7.35 6.99
Support 4 (S4) 6.82