USA - NYSEARCA:ITP - US46527C2098 - Common Stock
Overall ITP gets a technical rating of 1 out of 10. ITP 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.
ITP has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
0.20
We found 2 important support areas.
We can see 4 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for ITP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ITP is down. |
| ChartMill Relative Strength | 63.77 | NEUTRAL | ITP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ITP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ITP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for ITP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ITP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.52 | OVERSOLD | The low Stochastics value suggests ITP may be oversold. |
| Average True Range in percent/ATR (20) | 8.32 | HIGH VOLATILITY | The high ATR as a percentage value for ITP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.17 | NEGATIVE | The low ADX value for ITP suggests a weak or negative trend. |
0.2182
0 (-0.82%)
ChartMill assigns a technical rating of 1 / 10 to ITP.
The current trend direction for IT TECH PACKAGING INC (ITP) is Bearish.
IT TECH PACKAGING INC (ITP) has an RSI value of 40.1502. This indicates that the stock is currently neutral.
The short term momentum for IT TECH PACKAGING INC (ITP) is negative.
IT TECH PACKAGING INC (ITP) has a support level at 0.22 and a resistance level at 0.23. Check the full technical report for our detailed analysis of ITP support and resistance levels.