IPG PHOTONICS CORP (IPGP) Stock Technical Analysis
USA - NASDAQ:IPGP - US44980X1090 - Common Stock
Taking everything into account, IPGP scores 0 out of 10 in our technical rating. IPGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
71.74
We can see 2 important resistance areas.
- A resistance zone ranging from 79.61 to 80.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @88.19 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 | NEUTRAL | NEUTRAL | The long term trend for IPGP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPGP is down. |
| ChartMill Relative Strength | 30.18 | 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) | 27.55 | OVERSOLD | The low RSI value suggests IPGP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.62 | NEGATIVE | The MACD value suggests IPGP has a negative trend. |
| Stochastics (14,3) | 4.33 | OVERSOLD | The low Stochastics value suggests IPGP may be oversold. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for IPGP suggests some volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for IPGP suggests a possible start of a new trend. |
72.46
-3.38 (-4.46%)
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 0 / 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 27.546. This indicates that the stock is currently oversold.
What is the short term momentum for IPG PHOTONICS CORP (IPGP) stock?
The short term momentum for IPG PHOTONICS CORP (IPGP) is negative.
What is the support and resistance level for IPGP stock?
IPG PHOTONICS CORP (IPGP) has a resistance level at 79.61. Check the full technical report for our detailed analysis of IPGP support and resistance levels.