S&P Intl Technology Sector ETF (IPK) Technical Analysis
NYSEARCA:IPK
Current stock price
IPK Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to IPK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPK is showing a nice and steady performance.
- Warning: IPK has an average volume of 28860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that IPK is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, IPK also shows a nice and consistent pattern of rising prices.
- IPK is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IPK is leading the market.
- In the last month IPK has a been trading in the 41.99 - 44.91 range, which is quite wide. It is currently trading near the high of this range.
IPK Weekly and Daily overview Charts
IPK Setup Rating and Analysis
Although IPK has an excellent technical rating, it does not offer a high 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
IPK Support and Resistance Analysis
37.67
We found 2 important support areas.
- A support zone ranging from 41.67 to 43.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.05 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.50 to 44.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
IPK 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 IPK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPK is up. |
| ChartMill Relative Strength | 83.73 | POSITIVE | IPK has a high relative strength, it outperformed 83.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.51 | NEUTRAL | The RSI value for IPK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests IPK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.27 | OVERBOUGHT | The high Stochastics value suggests IPK may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for IPK suggests low volalility. |
IPK Chart- and CandleStick Pattern Analysis
IPK Technicals: Chart, Performance Metrics, Trend & Indicators
S&P Intl Technology Sector ETF
NYSEARCA:IPK (7/24/2017, 8:51:10 PM)
44.47
-0.02 (-0.04%)
S&P Intl Technology Sector ETF / IPK TA FAQ
What is the ChartMill technical rating of S&P Intl Technology Sector ETF (IPK) stock?
ChartMill assigns a technical rating of 10 / 10 to IPK.
What is the trend direction for IPK stock?
The current trend direction for S&P Intl Technology Sector ETF (IPK) is Bullish.
What is the RSI signal for IPK stock?
S&P Intl Technology Sector ETF (IPK) has an RSI value of 69.5142. This indicates that the stock is currently neutral.
What is the short term momentum for IPK stock?
The short term momentum for S&P Intl Technology Sector ETF (IPK) is positive.
Can you provide the buy/sell signal for S&P Intl Technology Sector ETF?
The buy/sell signal for S&P Intl Technology Sector ETF (IPK) is buy as both the short term and long term trends are positive.