INFINITY PPTY & CAS CORP (IPCC) Stock Technical Analysis
NASDAQ:IPCC - US45665Q1031
142.8
+0.45 (+0.32%)
142.8
0 (0%)
We assign a technical rating of 9 out of 10 to IPCC. In the last year, IPCC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month IPCC has a been trading in the 139.65 - 150.65 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that IPCC is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, IPCC also shows a nice and consistent pattern of rising prices.
IPCC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IPCC is lagging the market slightly.
Besides having an excellent technical rating, IPCC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 142.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
98.43
150.90
3 important support areas can be observed.
- A support zone ranging from 140.44 to 142.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @105.14 from a trend line in the weekly time frame.
- Support @99.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 149.41 to 149.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IPCC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPCC is neutral. |
| ChartMill Relative Strength | 90.95 | POSITIVE | IPCC has a high relative strength, it outperformed 90.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPCC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPCC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.94 | NEUTRAL | The RSI value for IPCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests IPCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.09 | NEUTRAL | The Stochastics value for IPCC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for IPCC suggests low volalility. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 143.17 | 140.43 | 2.73 (1.91%) | 25.00% |
| An entry @143.16. This is a Buy Stop order right above the 10 day moving average. | An exit @140.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.73 points, which is 1.91%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of IPCC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
142.8
+0.45 (+0.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.32%
1 Week0.46%
2 Weeks-0.83%
1 Month-2.72%
3 Month22.1%
6 Month38.57%
12 Month52.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.45
ATR(20)%1.69%
ATR Inc-29.42%
Range Today1.9
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.95
Mansfield2.44
10 Day High147.05
10 Day Low139.65
20 Day High150.65
20 Day Low139.65
52 Week High150.65
52 Week Low83
CS1 End142.29
CR1 Start149.41
Volume & EV
DER(3)1.27%
DER(5)-1.25%
Volume154.30K
Volume Incr37.28%
Vol(5)71.28K
Vol(50)66.51K