IPG PHOTONICS CORP (IPGP) Technical Analysis
NASDAQ:IPGP • US44980X1090
Current stock price
IPGP Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to IPGP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPGP is showing a nice and steady performance.
- 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, IPGP did better than 95% of all other stocks. We also observe that the gains produced by IPGP over the past year are nicely spread over this period.
- IPGP is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. IPGP outperforms 82% of them.
- IPGP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IPGP is lagging the market slightly.
- In the last month IPGP has a been trading in the 106.26 - 131.20 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IPGP Weekly and Daily overview Charts
IPGP Setup Rating and Analysis
Although IPGP has an excellent technical rating, it does not present a decent entry opportunity 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
IPGP Support and Resistance Analysis
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5 important support areas can be observed.
- Support @113.10 from a trend line in the daily time frame.
- A support zone ranging from 109.61 to 110.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @83.58 from a trend line in the weekly time frame.
- Support @79.61 from a horizontal line in the daily time frame.
- Support @72.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 127.33 to 127.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
IPGP 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 | UP | POSITIVE | The long term trend for IPGP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPGP is up. |
| ChartMill Relative Strength | 95.53 | POSITIVE | IPGP has a high relative strength, it outperformed 95.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPGP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPGP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPGP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.05 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.2 | POSITIVE | The MACD value suggests IPGP has a positive trend. |
| Stochastics (14,3) | 80.51 | OVERBOUGHT | The high Stochastics value suggests IPGP may be overbought. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for IPGP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for IPGP suggests a weak or negative trend. |
IPGP Chart- and CandleStick Pattern Analysis
IPGP Technicals: Chart, Performance Metrics, Trend & Indicators
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IPG PHOTONICS CORP / IPGP TA FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 10 / 10 to IPGP.
What is the current trend direction of IPG PHOTONICS CORP (IPGP) stock?
The current trend direction for IPG PHOTONICS CORP (IPGP) is Bullish.
What is the RSI signal for IPG PHOTONICS CORP (IPGP) stock?
IPG PHOTONICS CORP (IPGP) has an RSI value of 58.0468. This indicates that the stock is currently neutral.
What is the short term momentum for IPG PHOTONICS CORP (IPGP) stock?
The short term momentum for IPG PHOTONICS CORP (IPGP) is positive.
Can you provide the buy/sell signal for IPG PHOTONICS CORP?
The buy/sell signal for IPG PHOTONICS CORP (IPGP) is buy as both the short term and long term trends are positive.