Taking everything into account, IPA scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPA is showing a nice and steady performance.
Although IPA has an excellent technical rating, it does not present a decent entry opportunity 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
1.66
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.
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. |
2.07
+0.14 (+7.25%)
IMMUNOPRECISE ANTIBODIES LTD / IPA 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.
Can you provide the RSI signal for IMMUNOPRECISE ANTIBODIES LTD?
IMMUNOPRECISE ANTIBODIES LTD (IPA) has an RSI value of 47.097. This indicates that the stock is currently neutral.
What is the short term momentum for IMMUNOPRECISE ANTIBODIES LTD (IPA) stock?
The short term momentum for IMMUNOPRECISE ANTIBODIES LTD (IPA) is neutral.
What are the support and resistance levels for IMMUNOPRECISE ANTIBODIES LTD (IPA) stock?
IMMUNOPRECISE ANTIBODIES LTD (IPA) has a support level at 1.92. Check the full technical report for our detailed analysis of IPA support and resistance levels.