INTREPID POTASH INC (IPI) Stock Technical Analysis
NYSE:IPI - US46121Y2019 - Common Stock
28.15 USD
+0.57 (+2.07%)
28.15 USD
0 (0%)
Overall IPI gets a technical rating of 0 out of 10. IPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IPI is a bad performer in the overall market: 67% of all stocks are doing better.
In the last month IPI has a been trading in the 27.23 - 36.80 range, which is quite wide. It is currently trading near the lows of this range.
IPI is an average performer in the Chemicals industry, it outperforms 51% of 84 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.
The technical rating of IPI is bad and it also does not present a 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
21.55
38.57
When analyzing the support we can see 5 important areas.
- Support @28.14 from a horizontal line in the weekly time frame.
- Support @27.58 from a horizontal line in the daily time frame.
- Support @26.46 from a horizontal line in the daily time frame.
- Support @24.52 from a trend line in the weekly time frame.
- Support @21.77 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @35.67 from a trend line in the daily time frame.
- Resistance @36.70 from a horizontal line in the daily time frame.
- Resistance @38.19 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 | 33.34 | NEUTRAL | IPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPI is below a declining 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) | 30.8 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests IPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests IPI may be oversold. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for IPI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.42 | POSITIVE | The high ADX value value for IPI 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)
28.15
+0.57 (+2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.07%
1 Week0.43%
2 Weeks-4.25%
1 Month-23.42%
3 Month-23.15%
6 Month10.44%
12 Month22.18%
2 Year4.92%
3 Year-39.76%
5 Year201.39%
10 Year-64.41%
15 Year-87.46%
Volatility
ATR(14)1.44
ATR(20)%5.17%
ATR Inc-35.33%
Range Today1.15
ADR(20)1.44
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.34
Mansfield-0.91
10 Day High30
10 Day Low27.23
20 Day High36.8
20 Day Low27.23
52 Week High39.01
52 Week Low20.86
CS1 End28.14
CR1 Start35.67
Volume & EV
DER(3)-1.12%
DER(5)-1.01%
Volume129.00K
Volume Incr-28.14%
Vol(5)113.94K
Vol(50)149.99K