IMMUNOPRECISE ANTIBODIES LTD (IPA) Stock Technical Analysis
NASDAQ:IPA - Nasdaq - CA45257F2008 - Common Stock - Currency: USD
Taking everything into account, IPA scores 2 out of 10 in our technical rating. IPA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
89% of all other stocks performed better in the past year than IPA.
IPA is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 60% of 56 stocks in the same industry do better.
IPA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
IPA has an average volume of 2236480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month IPA has a been trading in the 0.32 - 0.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IPA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.41, a Stop Loss order could be placed below this zone.
More info and screens
0.41
0.62
When analyzing the support we notice one important area.
- A support zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.46 from a horizontal line in the daily time frame.
- Resistance @0.48 from a trend line in the weekly time frame.
- Resistance @0.61 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.59
Mansfield-3.15
10 Day High0.48
10 Day Low0.33
20 Day High0.48
20 Day Low0.32
52 Week High1.39
52 Week Low0.27
Performance
1 Week9.2%
2 Weeks28.79%
1 Month-1.93%
3 Month-17.39%
6 Month-18.91%
12 Month-65.25%
2 Year-82.96%
3 Year-92.12%
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)0.01
RSI(14)54.95
LBB0.33
UBB0.46
0.4379
+0.01 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.55%
1 Week9.2%
2 Weeks28.79%
1 Month-1.93%
3 Month-17.39%
6 Month-18.91%
12 Month-65.25%
2 Year-82.96%
3 Year-92.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%12.19%
ATR Inc-36.36%
Range Today0.02
ADR(20)0.05
ADR(20)%12.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.59
Mansfield-3.15
10 Day High0.48
10 Day Low0.33
20 Day High0.48
20 Day Low0.32
52 Week High1.39
52 Week Low0.27
CS1 End0.41
CR1 Start0.45
Volume & EV
DER(3)-0.07%
DER(5)2.93%
Volume251.80K
Volume Incr0.48%
Vol(5)580.24K
Vol(50)2.24M