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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Iconic Minerals Ltd (CDNX:ICM)
Long-Term Downtrend (-90) - ICM is in a strong downtrend that is likely to continue. While ICM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ICM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ICM
The long-term trend has been DOWN since May 11th, 2023 at 0.085
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 0.035
The short-term trend has been DOWN since Oct 20th, 2023 at 0.035
Smart Scan Analysis for ICM
Based on our trend formula, ICM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.035 | 0.035 | 0.035 | 0.035 | +0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.030 | 28000 | 2023-12-08 11:55:02 |
| Year High | 0.425 | Year High Date | 2018-01-15 |
| Year Low | 0.08 | Year Low Date | 2018-04-02 |
| 52wk High | 0.425 | 52wk High Date | 2018-01-15 |
| 52wk Low | 0.05 | 52wk Low Date | 2017-11-30 |
| Year End Close | 0.04 | Average Volume | 371,356 |
| Volatility | 170.52 |