INTREPID POTASH INC (IPI) Technical Analysis
NYSE:IPI • US46121Y2019
Current stock price
38.76 USD
+0.35 (+0.91%)
At close:
38.77 USD
+0.01 (+0.03%)
After Hours:
IPI Technical Rating and Analysis
Overall IPI gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPI is showing a nice and steady performance.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- 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!
- IPI is part of the Chemicals industry. There are 83 other stocks in this industry. IPI outperforms 85% of them.
- Looking at the yearly performance, IPI did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- IPI 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 IPI is lagging the market slightly.
- In the last month IPI has a been trading in the 32.22 - 50.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IPI Weekly and Daily overview Charts
IPI Setup Rating and Analysis
Although IPI has an excellent technical rating, it does not offer a high 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
IPI Support and Resistance Analysis
25.79
39.62
When analyzing the support we can see 6 important areas.
- A support zone ranging from 38.40 to 38.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.60 to 35.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.94 from a horizontal line in the daily time frame.
- Support @34.20 from a trend line in the daily time frame.
- Support @28.43 from a horizontal line in the daily time frame.
- Support @26.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 38.77 to 39.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IPI 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 IPI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPI is neutral. |
| ChartMill Relative Strength | 91.26 | POSITIVE | IPI has a high relative strength, it outperformed 91.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IPI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.6 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests IPI has a negative trend. |
| Stochastics (14,3) | 30.92 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for IPI suggests high volalility. |
| Average Directional Index/ADX (14) | 31.19 | POSITIVE | The high ADX value value for IPI suggests a strong trend. |
IPI Chart- and CandleStick Pattern Analysis
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)
IPI Technicals: Chart, Performance Metrics, Trend & Indicators
38.76
+0.35 (+0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.91%
1 Week-14.36%
2 Weeks-8.86%
1 Month15.56%
3 Month43.98%
6 Month37.2%
12 Month33.7%
2 Year85.81%
3 Year40.43%
5 Year19.04%
10 Year249.19%
15 Year-88.87%
Volatility
ATR(14)3.58
ATR(20)%7.96%
ATR Inc-40.26%
Range Today2.09
ADR(20)2.74
ADR(20)%7.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.26
3 months CRS96.8
6 months CRS93.29
Mansfield1.94
10 Day High50.34
10 Day Low37
20 Day High50.34
20 Day Low32.22
52 Week High50.34
52 Week Low22.55
CS1 End38.75
CR1 Start38.77
Volume & EV
DER(3)2.27%
DER(5)1.75%
Volume601.50K
Volume Incr42.37%
Vol(5)535.60K
Vol(50)306.24K
INTREPID POTASH INC / IPI TA FAQ
What is the technical rating for IPI stock?
ChartMill assigns a technical rating of 8 / 10 to IPI.
Can you provide the trend direction for INTREPID POTASH INC?
The current trend direction for INTREPID POTASH INC (IPI) is Bullish.
Can you provide the RSI signal for INTREPID POTASH INC?
INTREPID POTASH INC (IPI) has an RSI value of 50.6005. This indicates that the stock is currently neutral.
What is the short term momentum for INTREPID POTASH INC (IPI) stock?
The short term momentum for INTREPID POTASH INC (IPI) is neutral.