ICAP's RSI Indicator ascends from oversold territory
The RSI Oscillator for ICAP moved out of oversold territory on December 20, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 10 similar instances when the indicator left oversold territory. In of the 10 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ICAP advanced for three days, in of 206 cases, the price rose further within the following month. The odds of a continued upward trend are .
ICAP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 182 cases where ICAP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 09, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ICAP as a result. In of 42 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ICAP turned negative on December 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 26 similar instances when the indicator turned negative. In of the 26 cases the stock turned lower in the days that followed. This puts the odds of success at .
ICAP moved below its 50-day moving average on December 17, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ICAP crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 8 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ICAP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category MidCapValue
ICAP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, ICAP has been closely correlated with VOE. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if ICAP jumps, then VOE could also see price increases.
| Ticker / NAME | Correlation To ICAP | 1D Price Change % | ||
|---|---|---|---|---|
| ICAP | 100% | +2.21% | ||
| VOE - ICAP | 85% Closely correlated | +1.51% | ||
| IJJ - ICAP | 83% Closely correlated | +0.78% | ||
| IWS - ICAP | 83% Closely correlated | +1.37% | ||
| SDY - ICAP | 80% Closely correlated | +0.91% | ||
| CAMX - ICAP | 72% Closely correlated | +0.88% | ||
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