INTREPID POTASH INC (IPI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IPI - US46121Y2019 - Common Stock
Overall IPI gets a technical rating of 0 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.
Although the technical rating is bad, IPI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
23.70
When analyzing the support we can see 2 important areas.
- Support @24.69 from a horizontal line in the weekly time frame.
- A support zone ranging from 23.94 to 24.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.39 to 25.75. 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 26.31 to 26.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.23 to 28.23. This zone is formed by a combination of multiple trend lines in the weekly 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 | 22.71 | NEGATIVE | IPI has a low relative strength, it was outperformed by 77.29% off all stocks 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) | DOWN | NEGATIVE | The current price of IPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.69 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests IPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.5 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for IPI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for IPI suggests a strong trend. |
25.03
+0.33 (+1.34%)
INTREPID POTASH INC / IPI FAQ
What is the technical rating for IPI stock?
ChartMill assigns a technical rating of 0 / 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 38.6863. 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 -0.0311016, 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 negative.