Icon Financial Fund Technical Analysis

ICFSX Fund  USD 10.84  0.02  0.18%   
As of the 20th of September, Icon Financial retains the Downside Deviation of 1.16, market risk adjusted performance of 0.0119, and Risk Adjusted Performance of 0.0116. Icon Financial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.

Icon Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Icon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Icon
  
Icon Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Icon Financial technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Icon Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Icon Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Icon Financial Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Icon Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Icon Financial Trend Analysis

Use this graph to draw trend lines for Icon Financial Fund. You can use it to identify possible trend reversals for Icon Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Icon Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Icon Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Icon Financial Fund applied against its price change over selected period. The best fit line has a slop of    , which means Icon Financial Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.77, which is the sum of squared deviations for the predicted Icon Financial price change compared to its average price change.

About Icon Financial Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Icon Financial Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Icon Financial Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Icon Financial price pattern first instead of the macroeconomic environment surrounding Icon Financial. By analyzing Icon Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Icon Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Icon Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.

Icon Financial September 20, 2024 Technical Indicators

Most technical analysis of Icon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Icon from various momentum indicators to cycle indicators. When you analyze Icon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Icon Financial September 20, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Icon stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Other Information on Investing in Icon Mutual Fund

Icon Financial financial ratios help investors to determine whether Icon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Financial security.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope