ICON Price Chart
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50 DMA150 DMA200 DMA
ICONIcon Energy Corp.
$2.41
Financials
NEUTRAL
Investment Thesis
ICON is neither a clear buy nor avoid. RS 91/99, declining earnings. keep it on your radar.
Mixed signals = No edge currently
Key Takeaways
- Earnings weak
- RS 91 (Top 9%)
- No base pattern
- Wait & watch
Earnings Momentum
Earnings Declining
Price Structure
Broken StructurePrice
$2.41
✓→
50 DMA
$1.14
→
100 DMA
$1.56
→
150 DMA
$1.86
→
200 DMA
$1.87
Alignment Score: 1/4
Why Not BUY Yet?
EPS Growth
N/A→>25% Qtr YoY
Pattern
No base forming→VCP or constructive base
RSI (14)
73 (ELEVATED)→<70 for safe entry
What Would Change Our Mind?
To turn bullish on ICON, we need:
- EPS Growth: >25% Qtr YoY(currently N/A)
- Pattern: VCP or constructive base(currently No base forming)
- RSI (14): <70 for safe entry(currently 73 (ELEVATED))
Twin Engines Dashboard
Technical Health
RS Rating
91/99
Top 9% ✓
Trend
Weak Uptrend
Above 200 DMA
RSI (14)
73
ELEVATED
VCP Setup
COOL
Score: 1/9
Volume
146K
-88% vs avg
Breakout
None
No recent breakout
Fundamental Horsepower
EPS Qtr YoY
N/A
DECLINING
EPS 3Y CAGR
N/A
Annual Earnings
Revenue Qtr
N/A
DECLINING
F-Score
4/9
Piotroski Quality
ROE
-2%
Return on Equity
EPS Rank
5/99
Percentile
If/Then Playbook
IF: RS Rating improves to >80
THEN: Re-evaluate for potential
IF: EPS growth accelerates next quarter
THEN: Check for developing setup
IF: VCP pattern begins forming
THEN: Add to watchlist if RS also improving
IF: Price breaks below 200 DMA
THEN: Remove from radar
Key Price Levels
Resistance
- 52W High$90.00+3634.4%
Current$2.41
Support
- 200 DMA$1.87-22.3%
- 20 DMA$1.41-41.7%
- 50 DMA$1.14-52.8%
More ICON Analysis
Frequently Asked Questions
Is ICON stock a buy now?
ICON is neither a clear buy nor avoid. RS 91/99, declining earnings. keep it on your radar.
What is the buy point for ICON?
ICON currently has no confirmed breakout. Wait for a VCP pattern breakout with volume at least 40% above average before determining an actionable buy point.
What is ICON's RS Rating?
ICON has an RS Rating of 91/99, meaning it's in the Top 9% of all stocks for relative price performance over the past 12 months. Minervini recommends RS 80+ for momentum trades.
Important Disclosure: This analysis is for educational and informational purposes only. Technical and fundamental indicators are based on historical data and do not guarantee future performance. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.