ITP Technical Analysis - INTERPARFUMS SA

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to ITP. Recently some decent action could be observed, but in the medium term time frame this is still negative. ITP was also a bad performer in the overall market in the last year.

93% of all other stocks performed better in the past year than ITP.

ITP is part of the Personal Care Products industry. There are 14 other stocks in this industry, of which 61% are performing better than ITP.

ITP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month ITP has a been trading in the 27.50 - 30.06 range, which is quite wide. It is currently trading near the high of this range.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

INTERPARFUMS SA / ITP Weekly stock chart

Setup Rating and Analysis

The technical rating of ITP 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

27.28

41.49

We found 1 important support area.

A support zone ranging from 27.56 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 30.07 to 30.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 30.64 to 30.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @38.76 from a trend line in the weekly time frame.
Resistance @41.08 from a trend line in the weekly time frame.

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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 ITP.PA is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for ITP.PA is up.
ChartMill Relative Strength	7.31	NEGATIVE	ITP.PA has a low relative strength, it was outperformed by 92.69% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of ITP.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ITP.PA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ITP.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	57.45	NEUTRAL	The RSI value for ITP.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.27	POSITIVE	The MACD value suggests ITP.PA has a positive trend.
Stochastics (14,3)	92.57	OVERBOUGHT	The high Stochastics value suggests ITP.PA may be overbought.
Average True Range in percent/ATR (20)	2.47	MEDIUM VOLATILITY	The ATR as a percentage value for ITP.PA suggests some volalility.
Average Directional Index/ADX (14)	29.02	POSITIVE	The high ADX value value for ITP.PA suggests a strong trend.