INTREPID POTASH INC (IPI) Stock Technical Analysis
NYSE:IPI - New York Stock Exchange, Inc. - US46121Y2019 - Common Stock - Currency: USD
Taking everything into account, IPI scores 7 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, IPI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 38.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IPI 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.
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21.55
We found 8 important support areas.
- A support zone ranging from 34.06 to 34.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.30 from a horizontal line in the daily time frame.
- Support @32.57 from a horizontal line in the daily time frame.
- Support @30.51 from a trend line in the weekly time frame.
- Support @28.91 from a trend line in the daily time frame.
- Support @26.46 from a horizontal line in the daily time frame.
- Support @24.20 from a trend line in the weekly time frame.
- Support @21.77 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 38.11 to 38.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.95 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 | UP | POSITIVE | The long term trend for IPI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPI is up. |
| ChartMill Relative Strength | 79.1 | POSITIVE | IPI has a high relative strength, it outperformed 79.1% off all stocks 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 | POSITIVE | The current price of IPI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.57 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IPI has a positive trend. |
| Stochastics (14,3) | 69.53 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for IPI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.71 | NEGATIVE | The low ADX value for IPI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 38.20 | 34.05 | 4.15 (10.86%) | 9.20% |
| An entry @38.20. This is a Buy Stop order right above the resistance zone. | An exit @34.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.15 points, which is 10.86%. | When investing 9.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:IPI (7/28/2025, 9:36:43 AM)
35.47
-0.42 (-1.17%)