INTELLIPHARMACEUTICS INTERNA (IPCI.CA) Technical Analysis
TSX:IPCI • CA4581733090
Current stock price
IPCI.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to IPCI. In the past year, IPCI 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, IPCI is a bad performer in the overall market: 75% of all stocks are doing better.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: IPCI has an average volume of 7924 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- IPCI is an average performer in the Pharmaceuticals industry, it outperforms 56% of 33 stocks in the same industry.
- IPCI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPCI is lagging the market slightly.
- In the last month IPCI has a been trading in the 0.06 - 0.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IPCI.CA Weekly and Daily overview Charts
IPCI.CA Setup Rating and Analysis
The technical rating of IPCI is bad and it also does not present a 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
IPCI.CA Support and Resistance Analysis
0.06
We found 1 important support area.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.12 from a trend line in the daily time frame.
- Resistance @0.13 from a horizontal line in the daily time frame.
IPCI.CA 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 | NEUTRAL | NEUTRAL | The long term trend for IPCI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPCI.CA is neutral. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | IPCI.CA has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPCI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of IPCI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IPCI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.48 | NEUTRAL | The RSI value for IPCI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IPCI.CA has a negative trend. |
| Stochastics (14,3) | 45.83 | NEUTRAL | The Stochastics value for IPCI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.56 | HIGH VOLATILITY | The high ATR as a percentage value for IPCI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.39 | NEGATIVE | The low ADX value for IPCI.CA suggests a weak or negative trend. |
IPCI.CA Chart- and CandleStick Pattern Analysis
IPCI.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:IPCI (3/5/2024, 7:00:00 PM)
0.08
-0.01 (-11.11%)
INTELLIPHARMACEUTICS INTERNA / IPCI.CA TA FAQ
What is the technical rating for IPCI stock?
ChartMill assigns a technical rating of 3 / 10 to IPCI.CA.
What is the current trend direction of INTELLIPHARMACEUTICS INTERNA (IPCI.CA) stock?
The current trend direction for INTELLIPHARMACEUTICS INTERNA (IPCI.CA) is Bearish.
What is the RSI signal for IPCI stock?
INTELLIPHARMACEUTICS INTERNA (IPCI.CA) has an RSI value of 48.4752. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for INTELLIPHARMACEUTICS INTERNA?
INTELLIPHARMACEUTICS INTERNA (IPCI.CA) has a support level at 0.06 and a resistance level at 0.09. Check the full technical report for our detailed analysis of IPCI.CA support and resistance levels.