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. Both in the recent history as in the last year, IPGP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that IPGP is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by IPGP over the past year are nicely spread over this period.
- IPGP is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 82% of 124 stocks in the same industry.
- 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.
IPGP Weekly and Daily overview Charts
IPGP Setup Rating and Analysis
Besides having an excellent technical rating, IPGP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 127.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 123.82, a Stop Loss order could be placed below this zone.
More info and screens
IPGP Support and Resistance Analysis
71.42
7 important support areas can be observed.
- A support zone ranging from 121.45 to 123.82. 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 114.65 to 115.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @107.69 from a horizontal line in the daily time frame.
- 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 127.01 to 127.32. 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 | 94.58 | POSITIVE | IPGP has a high relative strength, it outperformed 94.58% 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) | 55.28 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests IPGP has a positive trend. |
| Stochastics (14,3) | 70.29 | NEUTRAL | The Stochastics value for IPGP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.5 | HIGH VOLATILITY | The high ATR as a percentage value for IPGP suggests high volalility. |
| Average Directional Index/ADX (14) | 13.43 | NEGATIVE | The low ADX value for IPGP suggests a weak or negative trend. |
IPGP Chart- and CandleStick Pattern Analysis
IPGP Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 127.33 | 121.44 | 5.89 (4.63%) | 21.62% |
| An entry @127.33. This is a Buy Stop order right above the resistance zone. | An exit @121.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.89 points, which is 4.63%. | When investing 21.62% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of IPGP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IPGP Technicals: Chart, Performance Metrics, Trend & Indicators
125.02
+4.31 (+3.57%)
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 55.2823. 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.