IPG PHOTONICS CORP (IPGP) Stock Technical Analysis
NASDAQ:IPGP • US44980X1090
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, IPGP did better than 97% of all other stocks.
- IPGP is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry. IPGP outperforms 90% of them.
- IPGP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month IPGP has a been trading in the 78.65 - 154.21 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although IPGP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
71.42
6 important support areas can be observed.
- A support zone ranging from 150.24 to 150.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.61 from a horizontal line in the daily time frame.
- Support @78.34 from a trend line in the weekly time frame.
- Support @74.96 from a horizontal line in the weekly time frame.
- Support @73.45 from a horizontal line in the weekly time frame.
- Support @72.14 from a horizontal 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 | 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 | 97.83 | POSITIVE | IPGP has a high relative strength, it outperformed 97.83% 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) | 93.85 | OVERBOUGHT | The high RSI value suggests IPGP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.25 | POSITIVE | The MACD value suggests IPGP has a positive trend. |
| Stochastics (14,3) | 89.14 | OVERBOUGHT | The high Stochastics value suggests IPGP may be overbought. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for IPGP suggests some volalility. |
| Average Directional Index/ADX (14) | 56.92 | POSITIVE | The high ADX value value for IPGP suggests a strong trend. |
153.91
+3.66 (+2.44%)
IPG PHOTONICS CORP / IPGP 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.
Can you provide the RSI signal for IPG PHOTONICS CORP?
IPG PHOTONICS CORP (IPGP) has an RSI value of 93.8485. This indicates that the stock is currently overbought.
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.
What are the support and resistance levels for IPG PHOTONICS CORP (IPGP) stock?
IPG PHOTONICS CORP (IPGP) has a support level at 79.61. Check the full technical report for our detailed analysis of IPGP support and resistance levels.