IMPINJ INC (PI) Stock Technical Analysis
NASDAQ:PI - US4532041096 - Common Stock
188.13 USD
-6.34 (-3.26%)
188.13 USD
0 (0%)
Taking everything into account, PI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
PI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 81% of 112 stocks in the same industry.
PI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PI is lagging the market slightly.
In the last month PI has a been trading in the 150.87 - 195.55 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PI is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although PI has an excellent technical rating, it does not offer a high 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.
More info and screens
137.06
190.02
When analyzing the support we can see 2 important areas.
- A support zone ranging from 183.24 to 188.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @138.44 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @188.14 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for PI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PI is up. |
| ChartMill Relative Strength | 89.83 | POSITIVE | PI has a high relative strength, it outperformed 89.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.36 | NEUTRAL | The RSI value for PI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests PI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.44 | OVERBOUGHT | The high Stochastics value suggests PI may be overbought. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PI suggests some volalility. |
| Average Directional Index/ADX (14) | 42.32 | POSITIVE | The high ADX value value for PI suggests a strong trend. |
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)
188.13
-6.34 (-3.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.26%
1 Week0.94%
2 Weeks14.17%
1 Month17.6%
3 Month65.83%
6 Month87.29%
12 Month20.03%
2 Year241.87%
3 Year135.07%
5 Year613.97%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.8
ATR(20)%4.15%
ATR Inc36.13%
Range Today9.1
ADR(20)7.54
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.83
Mansfield2.27
10 Day High195.55
10 Day Low162.78
20 Day High195.55
20 Day Low150.87
52 Week High239.88
52 Week Low60.85
CS1 End188.12
CR1 Start188.14
Volume & EV
DER(3)2.5%
DER(5)-0.27%
Volume943.70K
Volume Incr2.12%
Vol(5)600.20K
Vol(50)519.27K