IMMUNOPRECISE ANTIBODIES LTD (IPA) Stock Technical Analysis
NASDAQ:IPA - Nasdaq - CA45257F2008 - Common Stock - Currency: USD
Taking everything into account, IPA scores 5 out of 10 in our technical rating. In the past year, IPA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, IPA is a bad performer in the overall market: 76% of all stocks are doing better.
IPA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPA is lagging the market.
IPA is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. IPA outperforms 72% of them.
IPA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IPA has an average volume of 1123310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is only medium, IPA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.50. Right above this resistance zone may be a good entry point.
More info and screens
0.45
0.61
4 important support areas can be observed.
- Support @0.49 from a trend line in the daily time frame.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.46 from a trend line in the daily time frame.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.51 from a horizontal line in the daily time frame.
- Resistance @0.60 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.16
Mansfield-2.12
10 Day High0.51
10 Day Low0.44
20 Day High0.51
20 Day Low0.43
52 Week High1.18
52 Week Low0.27
Performance
1 Week-1.63%
2 Weeks4.69%
1 Month10.11%
3 Month26.63%
6 Month30.03%
12 Month-55.95%
2 Year-84.53%
3 Year-91.47%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)58.49
LBB0.44
UBB0.51
0.4889
0 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.24%
1 Week-1.63%
2 Weeks4.69%
1 Month10.11%
3 Month26.63%
6 Month30.03%
12 Month-55.95%
2 Year-84.53%
3 Year-91.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.87%
ATR Inc-16.77%
Range Today0.02
ADR(20)0.03
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.16
Mansfield-2.12
10 Day High0.51
10 Day Low0.44
20 Day High0.51
20 Day Low0.43
52 Week High1.18
52 Week Low0.27
CS1 End0.49
CR1 Start0.5
Volume & EV
DER(3)-12.1%
DER(5)-2.17%
Volume172.00K
Volume Incr-45.75%
Vol(5)190.58K
Vol(50)1.12M