IPG PHOTONICS CORP (IPGP) Technical Analysis
NASDAQ:IPGP • US44980X1090
Current stock price
IPGP Technical Rating and Analysis
Overall IPGP gets a technical rating of 9 out of 10. In the last year, IPGP was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month IPGP has a been trading in the 105.84 - 155.82 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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. On top of that, IPGP also shows a nice and consistent pattern of rising prices.
- IPGP is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. IPGP outperforms 79% of them.
- IPGP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPGP is lagging the market slightly.
IPGP Weekly and Daily overview Charts
IPGP Setup Rating and Analysis
Although IPGP has an excellent technical rating, the quality of the presented setup is not ideal 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
IPGP Support and Resistance Analysis
71.42
We found 5 important support areas.
- A support zone ranging from 107.93 to 110.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.61 to 80.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.96 from a horizontal line in the weekly time frame.
- Support @73.62 from a trend line in the daily time frame.
- Support @72.14 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for IPGP is neutral. |
| ChartMill Relative Strength | 94.18 | POSITIVE | IPGP has a high relative strength, it outperformed 94.18% off all stocks 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) | 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) | 43.54 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.11 | NEGATIVE | The MACD value suggests IPGP has a negative trend. |
| Stochastics (14,3) | 15.71 | OVERSOLD | The low Stochastics value suggests IPGP may be oversold. |
| Average True Range in percent/ATR (20) | 9.01 | HIGH VOLATILITY | The high ATR as a percentage value for IPGP suggests high volalility. |
| Average Directional Index/ADX (14) | 31.8 | POSITIVE | The high ADX value value for IPGP suggests a strong trend. |
IPGP Chart- and CandleStick Pattern Analysis
IPGP Technicals: Chart, Performance Metrics, Trend & Indicators
110.95
+1.34 (+1.22%)
IPG PHOTONICS CORP / IPGP TA FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 9 / 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 43.5449. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for IPG PHOTONICS CORP?
IPG PHOTONICS CORP (IPGP) has a support level at 110.94. Check the full technical report for our detailed analysis of IPGP support and resistance levels.