IMPAX LABORATORIES INC (IPXL) Stock Technical Analysis
NASDAQ:IPXL - Nasdaq - US45256B1017
We assign a technical rating of 4 out of 10 to IPXL. Although IPXL 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.
In the last month IPXL has a been trading in the 17.40 - 20.80 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, IPXL did better than 79% of all other stocks. On top of that, IPXL also shows a nice and consistent pattern of rising prices.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
IPXL is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
IPXL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for IPXL in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.12
20.71
2 important support areas can be observed.
- Support @18.29 from a horizontal line in the weekly time frame.
- Support @17.29 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.45 from a trend line in the weekly time frame.
- A resistance zone ranging from 19.17 to 19.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.60 to 20.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.03
Mansfield-0.48
10 Day High20.8
10 Day Low17.4
20 Day High20.8
20 Day Low17.4
52 Week High25.7
52 Week Low13.05
Performance
1 Week-3.68%
2 Weeks-8.04%
1 Month-3.43%
3 Month-5.67%
6 Month-1.35%
12 Month38.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)41.39
LBB18.13
UBB20.75
18.3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-3.68%
2 Weeks-8.04%
1 Month-3.43%
3 Month-5.67%
6 Month-1.35%
12 Month38.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.73%
ATR Inc134.42%
Range Today1.55
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.03
Mansfield-0.48
10 Day High20.8
10 Day Low17.4
20 Day High20.8
20 Day Low17.4
52 Week High25.7
52 Week Low13.05
CS1 End18.29
CR1 Start18.45
Volume & EV
DER(3)10.39%
DER(5)7.79%
Volume3.04M
Volume Incr135.32%
Vol(5)1.58M
Vol(50)936.97K