IMMUNOPRECISE ANTIBODIES LTD (IPA) Stock Technical Analysis
NASDAQ:IPA - Nasdaq - CA45257F2008 - Common Stock - Currency: USD
Taking everything into account, IPA scores 9 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
IPA is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 98% of 56 stocks in the same industry.
A new 52 week high is currently being made by IPA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month IPA has a been trading in the 0.70 - 2.03 range, which is quite wide. It is currently trading near the high of this range.
IPA has an average volume of 2544710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that IPA is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.11
2.00
When analyzing the support we notice one important area.
- Support @1.12 from a trend line in the daily 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 IPA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPA is up. |
| ChartMill Relative Strength | 99.01 | POSITIVE | IPA has a high relative strength, it outperformed 99.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPA is above 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) | 73.08 | OVERBOUGHT | The high RSI value suggests IPA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IPA has a positive trend. |
| Stochastics (14,3) | 74.11 | NEUTRAL | The Stochastics value for IPA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.06 | HIGH VOLATILITY | The high ATR as a percentage value for IPA suggests high volalility. |
| Average Directional Index/ADX (14) | 51.22 | POSITIVE | The high ADX value value for IPA 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)
1.98
+0.5 (+33.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg33.78%
1 Week21.47%
2 Weeks78.38%
1 Month171.27%
3 Month352.16%
6 Month273.51%
12 Month137.13%
2 Year-21.43%
3 Year-53.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%10.06%
ATR Inc98.99%
Range Today0.53
ADR(20)0.19
ADR(20)%9.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.01
Mansfield19.86
10 Day High2.03
10 Day Low1
20 Day High2.03
20 Day Low0.7
52 Week High2.03
52 Week Low0.27
CS1 End1.12
CR1 StartN/A
Volume & EV
DER(3)-5.21%
DER(5)-0.83%
Volume3.50M
Volume Incr-45.31%
Vol(5)2.77M
Vol(50)2.54M