IMPERIAL PETROLEUM INC (IMPP)

MHY3894J1872 - Common Stock

4.19  -0.09 (-2.1%)

After market: 4.13 -0.06 (-1.43%)

Technical Rating and Analysis

10

Overall IMPP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IMPP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IMPP did better than 98% of all other stocks. We also observe that the gains produced by IMPP over the past year are nicely spread over this period.
IMPP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 100% of 208 stocks in the same industry.
IMPP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IMPP is performing more or less in line with the market.
IMPP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
IMPP Weekly chart
IMPP Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, IMPP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 4.37. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

3.47

4.47

4 important support areas can be observed.

  • A support zone ranging from 3.91 to 3.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @3.69 from a trend line in the daily time frame.
  • A support zone ranging from 3.61 to 3.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.51 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 4.37 to 4.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS98.77
Mansfield3.03
10 Day High4.49
10 Day Low3.78
20 Day High4.49
20 Day Low3.54
52 Week High4.59
52 Week Low1.31
Performance
1 Week-2.33%
2 Weeks11.14%
1 Month11.44%
3 Month13.86%
6 Month35.16%
12 Month190.97%
2 Year-14.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.04
RSI(14)57.51
LBB3.52
UBB4.58
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
4.443.900.54 (12.16%)8.22%
An entry @4.44. This is a Buy Stop order right above the resistance zone.An exit @3.90. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.54 points, which is 12.16%.When investing 8.22% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IMPP Daily chart

IMPERIAL PETROLEUM INC

NASDAQ:IMPP (9/6/2024, 8:21:12 PM)

After market: 4.13 -0.06 (-1.43%)

4.19

-0.09 (-2.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.1%
1 Week-2.33%
2 Weeks11.14%
1 Month11.44%
3 Month13.86%
6 Month35.16%
12 Month190.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%4.25%
ATR Inc
Range Today0.2
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 High4.49
10 Day Low3.78
20 Day High4.49
20 Day Low3.54
52 Week High4.59
52 Week Low1.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume228.10K
Volume Incr40.14%
Vol(5)341.92K
Vol(50)244.08K