INTERNATIONAL PETROLEUM CORP (IPCO.CA) Stock Technical Analysis
TSX:IPCO - Toronto Stock Exchange - CA46016U1084 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to IPCO. Although IPCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IPCO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 84% of 208 stocks in the same industry.
IPCO is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IPCO has a been trading in the 21.78 - 24.60 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that IPCO is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although IPCO 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
14.36
24.66
We found 7 important support areas.
- Support @24.18 from a horizontal line in the daily time frame.
- A support zone ranging from 23.22 to 23.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 21.74 to 21.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.82 from a trend line in the weekly time frame.
- Support @19.01 from a trend line in the daily time frame.
- Support @15.78 from a trend line in the weekly time frame.
- Support @14.50 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.42 to 24.42. 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 IPCO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPCO.CA is up. |
| ChartMill Relative Strength | 77.66 | POSITIVE | IPCO.CA has a high relative strength, it outperformed 77.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPCO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPCO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPCO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.32 | NEUTRAL | The RSI value for IPCO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IPCO.CA has a positive trend. |
| Stochastics (14,3) | 79.25 | NEUTRAL | The Stochastics value for IPCO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for IPCO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29 | POSITIVE | The high ADX value value for IPCO.CA 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)
TSX:IPCO (8/13/2025, 7:00:00 PM)
24.41
+0.16 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.66%
1 Week5.49%
2 Weeks0.66%
1 Month11.21%
3 Month26.61%
6 Month26.15%
12 Month25.63%
2 Year92.66%
3 Year88.79%
5 Year800.74%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%2.23%
ATR Inc11.22%
Range Today0.36
ADR(20)0.45
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.66
Mansfield1.61
10 Day High24.6
10 Day Low22.69
20 Day High24.6
20 Day Low21.78
52 Week High24.6
52 Week Low14.42
CS1 End24.18
CR1 Start24.42
Volume & EV
DER(3)-5.15%
DER(5)-6.63%
Volume77.21K
Volume Incr11.69%
Vol(5)82.88K
Vol(50)99.52K