RENAISSANCE IPO ETF (IPO) Stock Technical Analysis
NYSEARCA:IPO - NYSE Arca - US7599372049 - ETF - Currency: USD
Overall IPO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IPO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, IPO did better than 78% of all other stocks.
IPO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month IPO has a been trading in the 43.68 - 46.89 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although IPO 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
33.80
47.55
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.12 to 46.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.10 to 44.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.71 to 42.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @34.14 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.72 to 47.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IPO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IPO is up. |
| ChartMill Relative Strength | 78.5 | POSITIVE | IPO has a high relative strength, it outperformed 78.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IPO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.61 | NEUTRAL | The RSI value for IPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests IPO has a positive trend. |
| Stochastics (14,3) | 87.59 | OVERBOUGHT | The high Stochastics value suggests IPO may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for IPO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for IPO suggests a weak or negative 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)
NYSEARCA:IPO (7/28/2025, 8:04:00 PM)
46.4815
+0.11 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week1%
2 Weeks5.33%
1 Month3.75%
3 Month16%
6 Month-0.93%
12 Month25.52%
2 Year26.89%
3 Year42.63%
5 Year4.88%
10 Year93.35%
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%1.6%
ATR Inc-30.8%
Range Today0.59
ADR(20)0.68
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.5
Mansfield-0.09
10 Day High46.89
10 Day Low43.73
20 Day High46.89
20 Day Low43.68
52 Week High48.23
52 Week Low31.2
CS1 End46.09
CR1 Start46.72
Volume & EV
DER(3)-0.95%
DER(5)-0.6%
Volume19.60K
Volume Incr-45.87%
Vol(5)25.96K
Vol(50)42.44K