INTREPID POTASH INC (IPI) Stock Technical Analysis
USA - NYSE:IPI - US46121Y2019 - Common Stock
29.21 USD
+0.04 (+0.14%)
29 USD
-0.21 (-0.72%)
Overall IPI gets a technical rating of 1 out of 10. IPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
61% of all other stocks performed better in the past year than IPI.
In the last month IPI has a been trading in the 27.23 - 31.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
IPI is an average performer in the Chemicals industry, it outperforms 51% of 83 stocks in the same industry.
IPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IPI is lagging the market.
IPI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
24.51
38.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 28.71 to 29.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.15 to 28.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.58 from a horizontal line in the daily time frame.
- Support @24.76 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 29.37 to 29.65. 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 31.68 to 31.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @34.85 from a trend line in the daily time frame.
- Resistance @37.80 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 | DOWN | NEGATIVE | The long term trend for IPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPI is down. |
| ChartMill Relative Strength | 39.2 | NEUTRAL | IPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IPI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.06 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests IPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.43 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for IPI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.21 | NEGATIVE | The low ADX value for IPI suggests a weak or negative 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)
29.21
+0.04 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.14%
1 Week2.74%
2 Weeks-7.8%
1 Month4.21%
3 Month-19.2%
6 Month9.94%
12 Month22.06%
2 Year16.1%
3 Year-26.18%
5 Year246.09%
10 Year-47.27%
15 Year-88.8%
Volatility
ATR(14)1.25
ATR(20)%3.84%
ATR Inc-45.8%
Range Today0.44
ADR(20)1.09
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.2
Mansfield-0.9
10 Day High31.59
10 Day Low28.12
20 Day High31.79
20 Day Low27.23
52 Week High39.01
52 Week Low20.86
CS1 End29.16
CR1 Start29.37
Volume & EV
DER(3)-2.75%
DER(5)-2.33%
Volume138.80K
Volume Incr-12.05%
Vol(5)152.48K
Vol(50)155.28K