IPOWER INC (IPW) Stock Technical Analysis
NASDAQ:IPW - Nasdaq - US46265P1075 - Common Stock - Currency: USD
Overall IPW gets a technical rating of 3 out of 10. In the last year, IPW was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, IPW is a bad performer in the overall market: 93% of all stocks are doing better.
IPW is one of the lesser performing stocks in the Trading Companies & Distributors industry. 95% of 48 stocks in the same industry do better.
IPW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IPW has a been trading in the 0.58 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Considerably lower volume is observed in the last couple of days.
IPW has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.61, a Stop Loss order could be placed below this zone.
More info and screens
0.46
0.77
3 important support areas can be observed.
- A support zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.46 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.70 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.76 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 | NEUTRAL | NEUTRAL | The long term trend for IPW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPW is down. |
| ChartMill Relative Strength | 7.17 | NEGATIVE | IPW has a low relative strength, it was outperformed by 92.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IPW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IPW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.37 | NEUTRAL | The RSI value for IPW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IPW has a negative trend. |
| Stochastics (14,3) | 11.36 | OVERSOLD | The low Stochastics value suggests IPW may be oversold. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for IPW suggests high volalility. |
| Average Directional Index/ADX (14) | 35.52 | POSITIVE | The high ADX value value for IPW suggests a strong 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)
0.6226
-0.01 (-1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.5%
1 Week-14.12%
2 Weeks-9.78%
1 Month-2.86%
3 Month7.44%
6 Month-22.17%
12 Month-62.49%
2 Year-25.8%
3 Year-47.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%9%
ATR Inc-49.32%
Range Today0.03
ADR(20)0.05
ADR(20)%8.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.17
Mansfield-3.59
10 Day High0.8
10 Day Low0.62
20 Day High0.8
20 Day Low0.58
52 Week High2.36
52 Week Low0.41
CS1 End0.61
CR1 Start0.7
Volume & EV
DER(3)-10.17%
DER(5)-3.48%
Volume59.72K
Volume Incr-64.11%
Vol(5)106.64K
Vol(50)451.60K