PROFESSIONAL DIVERSITY NETWO (IPDN) Stock Technical Analysis
NASDAQ:IPDN - Nasdaq - US74312Y4008 - Common Stock - Currency: USD
Taking everything into account, IPDN scores 5 out of 10 in our technical rating. IPDN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
IPDN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IPDN has a been trading in the 1.34 - 4.94 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
IPDN is one of the better performing stocks in the Professional Services industry, it outperforms 77% of 82 stocks in the same industry.
IPDN has an average volume of 1168110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the yearly performance of all stocks, we notice that IPDN is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this relatively good performance is mostly due to a recent big move.
IPDN has an average technical rating and the quality of the presented setup is also not ideal 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
1.42
3.23
When analyzing the support we notice one important area.
- Support @1.43 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @2.36 from a horizontal line in the weekly time frame.
- Resistance @2.45 from a horizontal line in the daily time frame.
- Resistance @2.97 from a trend line in the daily time frame.
- Resistance @3.20 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for IPDN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPDN is up. |
| ChartMill Relative Strength | 74.94 | POSITIVE | IPDN has a high relative strength, it outperformed 74.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPDN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPDN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IPDN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.35 | NEUTRAL | The RSI value for IPDN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IPDN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.59 | NEUTRAL | The Stochastics value for IPDN is a neutral value. |
| Average True Range in percent/ATR (20) | 19.9 | HIGH VOLATILITY | The high ATR as a percentage value for IPDN suggests high volalility. |
| Average Directional Index/ADX (14) | 38.65 | POSITIVE | The high ADX value value for IPDN 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)
2.26
-0.04 (-1.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.74%
1 Week7.62%
2 Weeks29.14%
1 Month40.72%
3 Month91.53%
6 Month-46.01%
12 Month-55.69%
2 Year-92.59%
3 Year-85.84%
5 Year-89.13%
10 Year-99.71%
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%19.9%
ATR Inc-57.41%
Range Today0.15
ADR(20)0.37
ADR(20)%16.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.94
Mansfield-4.99
10 Day High4.94
10 Day Low2.1
20 Day High4.94
20 Day Low1.34
52 Week High11.2
52 Week Low0.97
CS1 End1.43
CR1 Start2.36
Volume & EV
DER(3)15.62%
DER(5)9.63%
Volume65.90K
Volume Incr-97.37%
Vol(5)75.52K
Vol(50)1.17M