IEP Technical Analysis - IEP INVEST

Technical Rating and Analysis

Overall IEP gets a technical rating of 1 out of 10. IEP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

65% of all other stocks performed better in the past year than IEP.

Warning: IEP has an average volume of 1944 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

IEP is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 70% of 75 stocks in the same industry.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

IEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IEP is lagging the market.

In the last month IEP has a been trading in a tight range between 5.30 and 5.60.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, IEP does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 5.25, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

5.04

5.92

When analyzing the support we can see 2 important areas.

A support zone ranging from 5.25 to 5.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 5.09 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

Resistance @5.47 from a trend line in the weekly time frame.
A resistance zone ranging from 5.65 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 5.81 to 5.86. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for IEP.BR is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for IEP.BR is neutral.
ChartMill Relative Strength	35.59	NEUTRAL	IEP.BR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of IEP.BR is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of IEP.BR is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IEP.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)	43.43	NEUTRAL	The RSI value for IEP.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests IEP.BR has a negative trend.
Stochastics (14,3)	66.67	NEUTRAL	The Stochastics value for IEP.BR is a neutral value.
Average True Range in percent/ATR (20)	3.11	MEDIUM VOLATILITY	The ATR as a percentage value for IEP.BR suggests some volalility.
Average Directional Index/ADX (14)	24.55	NEUTRAL	The ADX value for IEP.BR suggests a possible start of a new trend.