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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.

CDNX_ICM
Open High Low ICM Price Change
0.035 0.035 0.035 0.035 +0.005
Entry Signal

MarketClub’s Trade Triangles for ICM

long term down The long-term trend has been DOWN since May 11th, 2023 at 0.085

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 0.035

short term down 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).

-90
Smart Scan Analysis for ICM
Strong Downtrend Sideways 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 High0.425Year High Date2018-01-15
Year Low0.08Year Low Date2018-04-02
52wk High0.42552wk High Date2018-01-15
52wk Low0.0552wk Low Date2017-11-30
Year End Close0.04Average Volume371,356
Volatility170.52
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