IPERIONX LTD - ADR (IPX) Technical Analysis
NASDAQ:IPX • US44916E1001
Current stock price
IPX Technical Rating and Analysis
Taking everything into account, IPX scores 1 out of 10 in our technical rating. IPX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- IPX is one of the lesser performing stocks in the Metals & Mining industry. 72% of 157 stocks in the same industry do better.
- IPX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IPX is lagging the market.
- In the last month IPX has a been trading in the 23.82 - 51.70 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, IPX outperforms 48% of them, which is more or less in line with the market.
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
We found 3 important support areas.
- Support @16.05 from a trend line in the weekly time frame.
- Support @14.72 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.
- Resistance @48.04 from a trend line in the daily time frame.
- Resistance @50.47 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for IPX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IPX is down. |
| ChartMill Relative Strength | 48.52 | NEUTRAL | IPX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPX is below a declining 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) | 23.83 | OVERSOLD | The low RSI value suggests IPX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.59 | NEGATIVE | The MACD value suggests IPX has a negative trend. |
| Stochastics (14,3) | 2.52 | OVERSOLD | The low Stochastics value suggests IPX may be oversold. |
| Average True Range in percent/ATR (20) | 14.41 | HIGH VOLATILITY | The high ATR as a percentage value for IPX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for IPX suggests a possible start of a new trend. |
IPX Chart- and CandleStick Pattern Analysis
IPX Technicals: Chart, Performance Metrics, Trend & Indicators
25.29
-0.98 (-3.73%)
IPERIONX LTD - ADR / IPX TA FAQ
What is the ChartMill technical rating of IPERIONX LTD - ADR (IPX) stock?
ChartMill assigns a technical rating of 1 / 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.
Can you provide the RSI signal for IPERIONX LTD - ADR?
IPERIONX LTD - ADR (IPX) has an RSI value of 23.8329. This indicates that the stock is currently oversold.
What is the short term momentum for IPERIONX LTD - ADR (IPX) stock?
The short term momentum for IPERIONX LTD - ADR (IPX) is negative.
What are the support and resistance levels for IPERIONX LTD - ADR (IPX) stock?
IPERIONX LTD - ADR (IPX) has a support level at 16.05 and a resistance level at 48.04. Check the full technical report for our detailed analysis of IPX support and resistance levels.