INFLECTION POINT ACQUISITI-A (IPCX) Stock Technical Analysis
NASDAQ:IPCX - Nasdaq - Common Stock - Currency: USD
Overall IPCX gets a technical rating of 4 out of 10. In the last year, IPCX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, IPCX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.13, a Stop Loss order could be placed below this zone.
More info and screens
10.03
We found 1 important support area.
- A support zone ranging from 10.13 to 10.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.18 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 IPCX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPCX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IPCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IPCX is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for IPCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests IPCX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.68 | OVERSOLD | The low Stochastics value suggests IPCX may be oversold. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for IPCX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for IPCX suggests a weak or negative trend. |
10.14
-0.01 (-0.07%)