INTREPID POTASH INC (IPI) Technical Analysis
NYSE:IPI • US46121Y2019
Current stock price
IPI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to IPI. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- IPI is part of the Chemicals industry. There are 83 other stocks in this industry. IPI outperforms 81% of them.
- IPI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IPI is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that IPI is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month IPI has a been trading in the 34.03 - 50.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
IPI Weekly and Daily overview Charts
IPI Setup Rating and Analysis
IPI has an excellent technical rating, but the quality of the setup is only medium 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
25.86
5 important support areas can be observed.
- Support @40.02 from a trend line in the daily time frame.
- 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 36.33 to 36.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.43 from a horizontal line in the daily time frame.
- Support @26.12 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for IPI is up. |
| ChartMill Relative Strength | 91.87 | POSITIVE | IPI has a high relative strength, it outperformed 91.87% 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) | 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) | 57.27 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests IPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 45.76 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.08 | HIGH VOLATILITY | The high ATR as a percentage value for IPI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.87 | POSITIVE | The high ADX value value for IPI suggests a strong trend. |
IPI Chart- and CandleStick Pattern Analysis
IPI Technicals: Chart, Performance Metrics, Trend & Indicators
42.62
-1.83 (-4.12%)
INTREPID POTASH INC / IPI TA FAQ
What is the technical rating for IPI stock?
ChartMill assigns a technical rating of 9 / 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 57.2693. 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 positive.
What is the buy/sell signal for INTREPID POTASH INC (IPI) stock?
The buy/sell signal for INTREPID POTASH INC (IPI) is buy as both the short term and long term trends are positive.