We assign a technical rating of 0 out of 10 to IPX. IPX 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 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.
13.67
We found 3 important support areas.
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 | DOWN | NEGATIVE | The short term trend for IPX is down. |
| ChartMill Relative Strength | 34.3 | 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 | POSITIVE | The current price of IPX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.05 | NEUTRAL | The RSI value for IPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests IPX has a positive trend. |
| Stochastics (14,3) | 43.82 | NEUTRAL | The Stochastics value for IPX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for IPX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.16 | POSITIVE | The high ADX value value for IPX suggests a strong trend. |
33.8
+1.43 (+4.42%)
ChartMill assigns a technical rating of 0 / 10 to IPX.
The current trend direction for IPERIONX LTD - ADR (IPX) is Bearish.
IPERIONX LTD - ADR (IPX) has an RSI value of 39.0519. This indicates that the stock is currently neutral.
The short term momentum for IPERIONX LTD - ADR (IPX) is negative.
The buy/sell signal for IPERIONX LTD - ADR (IPX) is sell as both the short term and long term trends are negative.