RENAISSANCE IPO ETF (IPO) Stock Technical Analysis
USA - NYSEARCA:IPO - US7599372049 - ETF
52.21 USD
+0.54 (+1.05%)
We assign a technical rating of 6 out of 10 to IPO. In the last year, IPO was a medium performer in the overall market. The medium term is still looking fine, but we see 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!
IPO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IPO is lagging the market slightly.
Looking at the yearly performance, IPO did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month IPO has a been trading in the 48.90 - 54.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, IPO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.13, a Stop Loss order could be placed below this zone.
More info and screens
43.13
54.37
4 important support areas can be observed.
- A support zone ranging from 49.26 to 50.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.37 from a horizontal line in the daily time frame.
- Support @46.67 from a trend line in the daily time frame.
- Support @43.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.17 to 53.83. 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 | NEUTRAL | NEUTRAL | The short term trend for IPO is neutral. |
| ChartMill Relative Strength | 79.47 | POSITIVE | IPO has a high relative strength, it outperformed 79.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IPO is above a declining 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) | 59.83 | NEUTRAL | The RSI value for IPO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IPO has a positive trend. |
| Stochastics (14,3) | 54.76 | NEUTRAL | The Stochastics value for IPO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IPO suggests some volalility. |
| Average Directional Index/ADX (14) | 15.3 | 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 (10/9/2025, 4:15:00 PM)
52.21
+0.54 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.05%
1 Week3.51%
2 Weeks5.07%
1 Month-1.75%
3 Month18.36%
6 Month46.25%
12 Month19.64%
2 Year75.44%
3 Year86.53%
5 Year3.02%
10 Year143.18%
15 YearN/A
Volatility
ATR(14)1.14
ATR(20)%2.16%
ATR Inc-8.24%
Range Today0.83
ADR(20)1.02
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.47
Mansfield0.47
10 Day High52.34
10 Day Low49.06
20 Day High54.68
20 Day Low48.9
52 Week High54.68
52 Week Low31.2
CS1 End50.13
CR1 Start53.17
Volume & EV
DER(3)-6.33%
DER(5)-4.94%
Volume121.97K
Volume Incr-4.76%
Vol(5)190.39K
Vol(50)148.33K