IPERIONX LTD - ADR (IPX) Technical Analysis
NASDAQ:IPX • US44916E1001
Current stock price
IPX Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to IPX. Although IPX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- IPX is part of the Metals & Mining industry. There are 160 other stocks in this industry, of which 62% are performing better than IPX.
- In the last month IPX has a been trading in the 21.66 - 34.50 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that IPX is one of the better performing stocks in the market, outperforming 74% of all stocks. However, IPX's most recent performance is quite weak.
- IPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IPX is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IPX Weekly and Daily overview Charts
IPX Setup Rating and Analysis
The technical rating of IPX 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.
More info and screens
IPX Support and Resistance Analysis
13.67
2 important support areas can be observed.
- Support @23.68 from a trend line in the weekly time frame.
- Support @13.81 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 33.56 to 33.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.63 from a trend line in the daily time frame.
- Resistance @58.73 from a horizontal line in the daily time frame.
IPX Technical Indicator Signal Analysis
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 IPX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPX is neutral. |
| ChartMill Relative Strength | 74.39 | POSITIVE | IPX has a high relative strength, it outperformed 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IPX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.21 | NEUTRAL | The RSI value for IPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.63 | POSITIVE | The MACD value suggests IPX has a positive trend. |
| Stochastics (14,3) | 92.49 | OVERBOUGHT | The high Stochastics value suggests IPX may be overbought. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for IPX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.28 | POSITIVE | The high ADX value value for IPX suggests a strong trend. |
IPX Chart- and CandleStick Pattern Analysis
IPX Technicals: Chart, Performance Metrics, Trend & Indicators
33.55
+0.14 (+0.42%)
IPERIONX LTD - ADR / IPX TA FAQ
What is the ChartMill technical rating of IPERIONX LTD - ADR (IPX) stock?
ChartMill assigns a technical rating of 3 / 10 to IPX.
What is the current trend direction of IPERIONX LTD - ADR (IPX) stock?
The current trend direction for IPERIONX LTD - ADR (IPX) is Bearish.
What is the RSI signal for IPX stock?
IPERIONX LTD - ADR (IPX) has an RSI value of 54.2065. This indicates that the stock is currently neutral.
What is the MACD signal for IPX stock?
The MACD indicator for IPERIONX LTD - ADR (IPX) has a value of 1.62779, indicating a bullish trend.
Can you provide the short term momentum for IPERIONX LTD - ADR?
The short term momentum for IPERIONX LTD - ADR (IPX) is neutral.