IMMUNOPRECISE ANTIBODIES LTD (IPA) Technical Analysis
NASDAQ:IPA • CA45257F2008
Current stock price
IPA Technical Rating and Analysis
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.
- 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 long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, IPA did better than 98% of all other stocks.
- IPA is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. IPA outperforms 100% of them.
- 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.
IPA Weekly and Daily overview Charts
IPA 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
IPA Support and Resistance Analysis
1.66
2 important support areas can be observed.
- 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.
IPA 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. |
IPA Chart- and CandleStick Pattern Analysis
IPA Technicals: Chart, Performance Metrics, Trend & Indicators
2.07
+0.14 (+7.25%)
IMMUNOPRECISE ANTIBODIES LTD / IPA TA FAQ
What is the ChartMill technical rating of IMMUNOPRECISE ANTIBODIES LTD (IPA) stock?
ChartMill assigns a technical rating of 9 / 10 to IPA.
What is the trend direction for IPA stock?
The current trend direction for IMMUNOPRECISE ANTIBODIES LTD (IPA) is Bullish.
What is the RSI signal for IMMUNOPRECISE ANTIBODIES LTD (IPA) stock?
IMMUNOPRECISE ANTIBODIES LTD (IPA) has an RSI value of 47.097. This indicates that the stock is currently neutral.
What is the MACD signal for IPA stock?
The MACD indicator for IMMUNOPRECISE ANTIBODIES LTD (IPA) has a value of -0.0884244, indicating a bearish trend.