IPG PHOTONICS CORP (IPGP) Stock Technical Analysis
USA - NASDAQ:IPGP - US44980X1090 - Common Stock
We assign a technical rating of 8 out of 10 to IPGP. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IPGP is only an average performer.
IPGP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 85.78, a Stop Loss order could be placed below this zone.
More info and screens
78.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 82.45 to 85.78. 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 78.87 to 81.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @86.63 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 88.19 to 88.19. This zone is formed by a combination of multiple trend lines 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 | 70.61 | POSITIVE | IPGP has a high relative strength, it outperformed 70.61% 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) | 55.74 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests IPGP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.16 | NEUTRAL | The Stochastics value for IPGP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for IPGP suggests some volalility. |
| Average Directional Index/ADX (14) | 16.67 | NEGATIVE | The low ADX value for IPGP suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 86.64 | 82.44 | 4.20 (4.85%) | 20.63% |
| An entry @86.64. This is a Buy Stop order right above the resistance zone. | An exit @82.44. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.20 points, which is 4.85%. | When investing 20.63% 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.
86.62
-0.04 (-0.05%)
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 8 / 10 to IPGP.
Can you provide the trend direction for IPG PHOTONICS CORP?
The current trend direction for IPG PHOTONICS CORP (IPGP) is Bullish.
What is the RSI signal for IPGP stock?
IPG PHOTONICS CORP (IPGP) has an RSI value of 55.7408. 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.
What is the support and resistance level for IPGP stock?
IPG PHOTONICS CORP (IPGP) has a support level at 85.78 and a resistance level at 86.63. Check the full technical report for our detailed analysis of IPGP support and resistance levels.