Overall IPCX gets a technical rating of 4 out of 10. IPCX was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is only medium, IPCX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.14, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
9.96
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The short term trend for IPCX is neutral. |
| 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). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IPCX is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.57 | NEUTRAL | The RSI value for IPCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IPCX has a negative trend. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for IPCX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for IPCX suggests low volalility. |
| Average Directional Index/ADX (14) | 31.88 | POSITIVE | The high ADX value value for IPCX suggests a strong trend. |
10.15
0 (0%)
ChartMill assigns a technical rating of 4 / 10 to IPCX.
The current trend direction for INFLECTION POINT ACQUISITI-A (IPCX) is Bullish.
INFLECTION POINT ACQUISITI-A (IPCX) has an RSI value of 49.5697. This indicates that the stock is currently neutral.
The MACD indicator for INFLECTION POINT ACQUISITI-A (IPCX) has a value of -0.00101585, indicating a bearish trend.
INFLECTION POINT ACQUISITI-A (IPCX) has a support level at 10.14 and a resistance level at 10.15. Check the full technical report for our detailed analysis of IPCX support and resistance levels.