We assign a technical rating of 8 out of 10 to IMPP. Both in the recent history as in the last year, IMPP has proven to be a steady performer, scoring decent points in every aspect analyzed.
IMPP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
3.46
We found 4 important support areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The short term trend for IMPP is neutral. |
| ChartMill Relative Strength | 96.34 | POSITIVE | IMPP has a high relative strength, it outperformed 96.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IMPP is below 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) | UP | POSITIVE | The current price of IMPP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.17 | NEUTRAL | The RSI value for IMPP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IMPP has a negative trend. |
| Stochastics (14,3) | 51.84 | NEUTRAL | The Stochastics value for IMPP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.86 | HIGH VOLATILITY | The high ATR as a percentage value for IMPP suggests high volalility. |
| Average Directional Index/ADX (14) | 37.17 | POSITIVE | The high ADX value value for IMPP suggests a strong trend. |
5.67
-0.12 (-2.07%)
ChartMill assigns a technical rating of 8 / 10 to IMPP.
The current trend direction for IMPERIAL PETROLEUM INC (IMPP) is Bullish.
IMPERIAL PETROLEUM INC (IMPP) has an RSI value of 52.1676. This indicates that the stock is currently neutral.
The short term momentum for IMPERIAL PETROLEUM INC (IMPP) is neutral.