IT TECH PACKAGING INC (ITP) Stock Technical Analysis
NYSEARCA:ITP - NYSE Arca - US46527C2098 - Common Stock - Currency: USD
Overall ITP gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ITP is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ITP is lagging the market.
In the last month ITP has a been trading in the 0.30 - 0.45 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ITP is part of the Paper & Forest Products industry. There are 9 other stocks in this industry. ITP outperforms 100% of them.
ITP has an average volume of 3771880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ITP is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Although ITP has an excellent technical rating, the quality of the presented setup is not ideal 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
0.31
0.51
We found 1 important support area.
- Support @0.31 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.41 from a trend line in the daily time frame.
- Resistance @0.50 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.31
Mansfield1.62
10 Day High0.45
10 Day Low0.31
20 Day High0.45
20 Day Low0.3
52 Week High1.07
52 Week Low0.2
Performance
1 Week-25.39%
2 Weeks0.09%
1 Month-6.83%
3 Month42.99%
6 Month40.97%
12 Month17.96%
2 Year-11.94%
3 Year-85.16%
5 Year-94.67%
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
RSI(14)44.63
LBB0.28
UBB0.44
NYSEARCA:ITP (3/4/2025, 9:32:20 AM)
0.3255
0 (-1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.45%
1 Week-25.39%
2 Weeks0.09%
1 Month-6.83%
3 Month42.99%
6 Month40.97%
12 Month17.96%
2 Year-11.94%
3 Year-85.16%
5 Year-94.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%12.16%
ATR Inc61.74%
Range Today0.01
ADR(20)0.04
ADR(20)%11.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.31
Mansfield1.62
10 Day High0.45
10 Day Low0.31
20 Day High0.45
20 Day Low0.3
52 Week High1.07
52 Week Low0.2
CS1 End0.31
CR1 Start0.33
Volume & EV
DER(3)9.22%
DER(5)11.28%
Volume5.61K
Volume Incr389.94%
Vol(5)1.43M
Vol(50)3.77M