INFLECTION POINT ACQUIS-CL A (IPXX) Technical Analysis
NASDAQ:IPXX • KYG4790U1022
Current stock price
IPXX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to IPXX. IPXX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, IPXX is a bad performer in the overall market: 68% of all stocks are doing better.
- IPXX is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so IPXX is lagging the market.
- In the last month IPXX has a been trading in the 9.24 - 15.25 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: IPXX has an average volume of 16680 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Volume is considerably higher in the last couple of days.
IPXX Weekly and Daily overview Charts
IPXX Setup Rating and Analysis
IPXX has a poor technical rating and the quality of the setup is also not perfect 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
IPXX Support and Resistance Analysis
10.44
When analyzing the support we notice one important area.
- A support zone ranging from 10.55 to 10.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @12.93 from a trend line in the daily time frame.
- Resistance @13.37 from a horizontal line in the daily time frame.
IPXX 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 IPXX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IPXX is neutral. |
| ChartMill Relative Strength | 32.96 | NEUTRAL | IPXX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IPXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IPXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IPXX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.32 | NEUTRAL | The RSI value for IPXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IPXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.58 | NEUTRAL | The Stochastics value for IPXX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for IPXX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for IPXX suggests a possible start of a new trend. |
IPXX Chart- and CandleStick Pattern Analysis
IPXX Technicals: Chart, Performance Metrics, Trend & Indicators
10.785
-0.21 (-1.95%)
INFLECTION POINT ACQUIS-CL A / IPXX TA FAQ
What is the technical rating for IPXX stock?
ChartMill assigns a technical rating of 1 / 10 to IPXX.
What is the current trend direction of INFLECTION POINT ACQUIS-CL A (IPXX) stock?
The current trend direction for INFLECTION POINT ACQUIS-CL A (IPXX) is Bearish.
Can you provide the RSI signal for INFLECTION POINT ACQUIS-CL A?
INFLECTION POINT ACQUIS-CL A (IPXX) has an RSI value of 44.3216. This indicates that the stock is currently neutral.
What is the short term momentum for IPXX stock?
The short term momentum for INFLECTION POINT ACQUIS-CL A (IPXX) is neutral.
What is the support and resistance level for IPXX stock?
INFLECTION POINT ACQUIS-CL A (IPXX) has a support level at 10.78 and a resistance level at 12.93. Check the full technical report for our detailed analysis of IPXX support and resistance levels.