We assign a technical rating of 2 out of 10 to IPGP. IPGP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of IPGP is bad and it also does not present a quality setup 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
71.42
We found 3 important support areas.
- Support @77.73 from a trend line in the weekly time frame.
- A support zone ranging from 74.78 to 74.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 72.14 to 72.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 79.24 to 80.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.93 to 85.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 86.96 to 88.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for IPGP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPGP is neutral. |
| ChartMill Relative Strength | 42.58 | NEUTRAL | IPGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPGP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPGP is below a declining 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) | 42.43 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests IPGP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.27 | NEUTRAL | The Stochastics value for IPGP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for IPGP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for IPGP suggests a weak or negative trend. |
77.78
+0.66 (+0.86%)
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 2 / 10 to IPGP.
Can you provide the trend direction for IPG PHOTONICS CORP?
The current trend direction for IPG PHOTONICS CORP (IPGP) is Bearish.
What is the RSI signal for IPGP stock?
IPG PHOTONICS CORP (IPGP) has an RSI value of 42.4335. 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 neutral.
What is the support and resistance level for IPGP stock?
IPG PHOTONICS CORP (IPGP) has a support level at 77.73 and a resistance level at 79.24. Check the full technical report for our detailed analysis of IPGP support and resistance levels.