INNATE PHARMA SA-SPONS ADR (IPHA) Stock Technical Analysis
NASDAQ:IPHA - Nasdaq - US45781K2042 - ADR - Currency: USD
Overall IPHA gets a technical rating of 0 out of 10. IPHA 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, IPHA is a bad performer in the overall market: 82% of all stocks are doing better.
IPHA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IPHA has a been trading in the 1.71 - 2.21 range, which is quite wide. It is currently trading near the lows of this range.
Warning: IPHA has an average volume of 21096 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
IPHA is part of the Biotechnology industry. There are 555 other stocks in this industry, IPHA did better than 51% of them.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, IPHA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.79, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IPHA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.65
3.11
We found 3 important support areas.
- A support zone ranging from 1.77 to 1.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.71 to 1.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.67 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.83 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.91 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.08 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for IPHA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPHA is down. |
| ChartMill Relative Strength | 18.92 | NEGATIVE | IPHA has a low relative strength, it was outperformed by 81.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPHA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPHA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IPHA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.21 | NEUTRAL | The RSI value for IPHA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IPHA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.77 | NEUTRAL | The Stochastics value for IPHA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for IPHA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for IPHA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.82
-0.02 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.36%
1 Week2.53%
2 Weeks-5.21%
1 Month-14.55%
3 Month-0.55%
6 Month-2.67%
12 Month-8.54%
2 Year-38.1%
3 Year-43.12%
5 Year-70.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.51%
ATR Inc-25.29%
Range Today0.08
ADR(20)0.09
ADR(20)%5.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.92
Mansfield-1.62
10 Day High1.92
10 Day Low1.71
20 Day High2.21
20 Day Low1.71
52 Week High3.51
52 Week Low1.29
CS1 End1.79
CR1 Start1.91
Volume & EV
DER(3)27.55%
DER(5)20.03%
Volume5.40K
Volume Incr-43.2%
Vol(5)6.66K
Vol(50)21.10K