IMPERIAL PETROLEUM INC (IMPP) Stock Technical Analysis
NASDAQ:IMPP - Nasdaq - MHY3894J1872 - Common Stock - Currency: USD
Overall IMPP gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IMPP is only an average performer.
The long and short term trends are both positive. This is looking good!
IMPP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 213 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that IMPP is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
IMPP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IMPP is lagging the market.
In the last month IMPP has a been trading in the 2.52 - 3.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
IMPP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.39
3.46
We found 3 important support areas.
- Support @2.65 from a trend line in the daily time frame.
- Support @2.50 from a horizontal line in the daily time frame.
- Support @2.41 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.31 to 3.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.43 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for IMPP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IMPP is up. |
| ChartMill Relative Strength | 75.1 | POSITIVE | IMPP has a high relative strength, it outperformed 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IMPP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IMPP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IMPP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.23 | NEUTRAL | The RSI value for IMPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests IMPP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.99 | NEUTRAL | The Stochastics value for IMPP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.11 | HIGH VOLATILITY | The high ATR as a percentage value for IMPP suggests high volalility. |
| Average Directional Index/ADX (14) | 40.64 | POSITIVE | The high ADX value value for IMPP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:IMPP (6/24/2025, 10:30:45 AM)
3.31
-0.06 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.78%
1 Week0%
2 Weeks11.59%
1 Month35.89%
3 Month35.89%
6 Month16.21%
12 Month-13.14%
2 Year9.42%
3 Year-46.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.11%
ATR Inc25.28%
Range Today0.22
ADR(20)0.23
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.1
Mansfield-0.06
10 Day High3.79
10 Day Low2.96
20 Day High3.79
20 Day Low2.52
52 Week High4.55
52 Week Low2.12
CS1 End3.36
CR1 Start3.43
Volume & EV
DER(3)-4.83%
DER(5)-4.99%
Volume190.79K
Volume Incr56.61%
Vol(5)487.42K
Vol(50)218.88K