INTREPID POTASH INC (IPI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IPI - US46121Y2019 - Common Stock
We assign a technical rating of 2 out of 10 to IPI. IPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
IPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
24.67
2 important support areas can be observed.
- A support zone ranging from 25.69 to 26.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.92 to 25.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 27.07 to 27.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.23 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 | NEUTRAL | NEUTRAL | The short term trend for IPI is neutral. |
| ChartMill Relative Strength | 68.2 | 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 | MIXED | The current price of IPI is above 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) | 55.15 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests IPI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.93 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.56 | MEDIUM VOLATILITY | The ATR as a percentage value for IPI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.65 | NEUTRAL | The ADX value for IPI suggests a possible start of a new trend. |
26.86
+0.61 (+2.32%)
INTREPID POTASH INC / IPI FAQ
What is the technical rating for IPI stock?
ChartMill assigns a technical rating of 2 / 10 to IPI.
What is the current trend direction of INTREPID POTASH INC (IPI) stock?
The current trend direction for INTREPID POTASH INC (IPI) is Bearish.
What is the RSI signal for IPI stock?
INTREPID POTASH INC (IPI) has an RSI value of 55.1514. This indicates that the stock is currently neutral.
What is the MACD signal for INTREPID POTASH INC (IPI) stock?
The MACD indicator for INTREPID POTASH INC (IPI) has a value of 0.22016, indicating a bearish trend.
What is the short term momentum for INTREPID POTASH INC (IPI) stock?
The short term momentum for INTREPID POTASH INC (IPI) is neutral.