Taking everything into account, IPST scores 0 out of 10 in our technical rating. IPST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of IPST is bad and it also does not present a 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.
1.68
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 | DOWN | NEGATIVE | The long term trend for IPST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPST is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | IPST has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPST is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 19.88 | OVERSOLD | The low RSI value suggests IPST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IPST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.27 | OVERSOLD | The low Stochastics value suggests IPST may be oversold. |
| Average True Range in percent/ATR (20) | 35.78 | HIGH VOLATILITY | The high ATR as a percentage value for IPST suggests high volalility. |
| Average Directional Index/ADX (14) | 43.51 | POSITIVE | The high ADX value value for IPST suggests a strong trend. |
1.7
+0.14 (+8.97%)
ChartMill assigns a technical rating of 0 / 10 to IPST.
The current trend direction for HERITAGE DISTILLING HOLDING (IPST) is Bearish.
HERITAGE DISTILLING HOLDING (IPST) has an RSI value of 19.881. This indicates that the stock is currently oversold.
The short term momentum for HERITAGE DISTILLING HOLDING (IPST) is negative.