IPG PHOTONICS CORP (IPGP)

US44980X1090 - Common Stock

88.61  +0.01 (+0.01%)

After market: 88.61 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to IPGP. IPGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, IPGP is a bad performer in the overall market: 79% of all stocks are doing better.
IPGP 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 IPGP has a been trading in the 80.33 - 90.96 range, which is quite wide. It is currently trading near the high of this range.
IPGP is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, IPGP did better than 40% of them.
Weekly and Daily overview Charts
IPGP Weekly chart
IPGP Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, IPGP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 88.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 84.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

82.71

109.44

When analyzing the support we notice one important area.

  • A support zone ranging from 83.55 to 84.31. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 88.62 to 91.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @97.37 from a horizontal line in the daily time frame.
  • Resistance @108.36 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.11
Mansfield-2.4
10 Day High90.96
10 Day Low87.04
20 Day High90.96
20 Day Low80.33
52 Week High141.85
52 Week Low80.33
Performance
1 Week0.4%
2 Weeks2.13%
1 Month5.15%
3 Month2.46%
6 Month-6.85%
12 Month-21.1%
2 Year-16%
3 Year-57.66%
5 Year-29.21%
10 Year40.43%
15 Year759.46%
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)0.22
RSI(14)51.82
LBB84.02
UBB92.06
IPGP Daily chart

IPG PHOTONICS CORP

NASDAQ:IPGP (5/17/2024, 7:06:28 PM)

After market: 88.61 0 (0%)

88.61

+0.01 (+0.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.01%
1 Week0.4%
2 Weeks2.13%
1 Month5.15%
3 Month2.46%
6 Month-6.85%
12 Month-21.1%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.47
ATR(20)%2.54%
ATR Inc
Range Today1.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High90.96
10 Day Low87.04
20 Day High90.96
20 Day Low80.33
52 Week High141.85
52 Week Low80.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume213.40K
Volume Incr-19.06%
Vol(5)188.80K
Vol(50)243.06K