INTREPID POTASH INC (IPI) Stock Technical Analysis
NYSE:IPI - New York Stock Exchange, Inc. - US46121Y2019 - Common Stock - Currency: USD
Overall IPI gets a technical rating of 8 out of 10. In the last year, IPI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that IPI is one of the better performing stocks in the market, outperforming 93% of all stocks.
IPI is part of the Chemicals industry. There are 85 other stocks in this industry. IPI outperforms 94% 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.
In the last month IPI has a been trading in the 33.77 - 39.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although IPI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
21.55
39.34
We found 7 important support areas.
- A support zone ranging from 35.64 to 36.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.93 from a horizontal line in the daily time frame.
- Support @28.77 from a trend line in the weekly time frame.
- Support @27.38 from a trend line in the daily time frame.
- Support @26.46 from a horizontal line in the daily time frame.
- Support @23.72 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.
- A resistance zone ranging from 36.76 to 36.90. 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 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 | NEUTRAL | NEUTRAL | The short term trend for IPI is neutral. |
| ChartMill Relative Strength | 93.74 | POSITIVE | IPI has a high relative strength, it outperformed 93.74% 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) | 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) | 50.67 | NEUTRAL | The RSI value for IPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests IPI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.42 | NEUTRAL | The Stochastics value for IPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for IPI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.06 | NEUTRAL | The ADX value for IPI suggests a possible start of a new 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)
36.15
+0.78 (+2.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.21%
1 Week-3.06%
2 Weeks-4.26%
1 Month-3.86%
3 Month36.06%
6 Month43.68%
12 Month53.9%
2 Year59.32%
3 Year-20.18%
5 Year265.15%
10 Year-69.72%
15 Year-81.53%
Volatility
ATR(14)1.38
ATR(20)%3.77%
ATR Inc39.7%
Range Today2.67
ADR(20)1.33
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.74
Mansfield2.94
10 Day High38.37
10 Day Low33.77
20 Day High39.01
20 Day Low33.77
52 Week High39.01
52 Week Low20.75
CS1 End36.14
CR1 Start36.76
Volume & EV
DER(3)0.89%
DER(5)-2.55%
Volume167.00K
Volume Incr-8.64%
Vol(5)184.70K
Vol(50)217.70K