IPA Technical Analysis - IMMUNOPRECISE ANTIBODIES LTD

Technical Rating and Analysis

Overall IPA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, IPA has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month IPA has a been trading in the 1.77 - 3.25 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

Looking at the yearly performance, IPA did better than 98% of all other stocks.

IPA is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 100% of 56 stocks in the same industry.

IPA has an average volume of 1855410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

IMMUNOPRECISE ANTIBODIES LTD / IPA Weekly stock chart

IMMUNOPRECISE ANTIBODIES LTD / IPA Daily stock chart

Setup Rating and Analysis

Although IPA has an excellent technical rating, it does not offer a high quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.66

2.09

We found 2 important support areas.

A support zone ranging from 1.90 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @1.68 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for IPA is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for IPA is neutral.
ChartMill Relative Strength	98.62	POSITIVE	IPA has a high relative strength, it outperformed 98.62% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of IPA is below the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of IPA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of IPA is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.1	NEUTRAL	The RSI value for IPA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.09	NEGATIVE	The MACD value suggests IPA has a negative trend.
Stochastics (14,3)	19.67	OVERSOLD	The low Stochastics value suggests IPA may be oversold.
Average True Range in percent/ATR (20)	14.94	HIGH VOLATILITY	The high ATR as a percentage value for IPA suggests high volalility.
Average Directional Index/ADX (14)	41.16	POSITIVE	The high ADX value value for IPA suggests a strong trend.