Taking everything into account, IPGP scores 1 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.
IPGP has a poor technical rating and the quality of the setup is also only medium 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
2 important support areas can be observed.
- A support zone ranging from 74.93 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 4 important resistance areas.
- Resistance @77.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 79.26 to 79.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 84.75 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 | DOWN | NEGATIVE | The short term trend for IPGP is down. |
| ChartMill Relative Strength | 38.06 | NEUTRAL | IPGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IPGP is below the rising 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) | 41.04 | NEUTRAL | The RSI value for IPGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests IPGP has a negative trend. |
| Stochastics (14,3) | 16.61 | OVERSOLD | The low Stochastics value suggests IPGP may be oversold. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for IPGP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.11 | NEGATIVE | The low ADX value for IPGP suggests a weak or negative trend. |
77.02
-0.76 (-0.98%)
IPG PHOTONICS CORP / IPGP FAQ
Can you provide the ChartMill technical rating for IPG PHOTONICS CORP?
ChartMill assigns a technical rating of 1 / 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 41.0427. 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 negative.
What is the support and resistance level for IPGP stock?
IPG PHOTONICS CORP (IPGP) has a support level at 74.96 and a resistance level at 77.73. Check the full technical report for our detailed analysis of IPGP support and resistance levels.