IPOWER INC (IPW) Stock Technical Analysis
NASDAQ:IPW - Nasdaq - US46265P1075 - Common Stock - Currency: USD
Taking everything into account, IPW scores 1 out of 10 in our technical rating. IPW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than IPW.
IPW is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, of which 89% are performing better than IPW.
IPW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IPW has a been trading in the 0.55 - 0.72 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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, IPW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.46
0.75
We found 3 important support areas.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.70 from a trend line in the daily time frame.
- A resistance zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.74 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 | DOWN | NEGATIVE | The long term trend for IPW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPW is down. |
| ChartMill Relative Strength | 8.95 | NEGATIVE | IPW has a low relative strength, it was outperformed by 91.05% 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 | MIXED | The current price of IPW is below 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) | 38.51 | 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) | 9.29 | OVERSOLD | The low Stochastics value suggests IPW may be oversold. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for IPW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for IPW suggests a possible start of a new 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)
0.5792
0 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.31%
1 Week-6.73%
2 Weeks-10.81%
1 Month-20.11%
3 Month7.22%
6 Month-23.8%
12 Month-58.33%
2 Year-21.2%
3 Year-43.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.7%
ATR Inc-31.03%
Range Today0.04
ADR(20)0.04
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.95
Mansfield-3.79
10 Day High0.7
10 Day Low0.55
20 Day High0.72
20 Day Low0.55
52 Week High2.36
52 Week Low0.41
CS1 End0.57
CR1 Start0.64
Volume & EV
DER(3)-8.45%
DER(5)-17.8%
Volume76.74K
Volume Incr-62.13%
Vol(5)54.19K
Vol(50)467.46K