IT TECH PACKAGING INC (ITP) Stock Technical Analysis
NYSEARCA:ITP - NYSE Arca - US46527C2098 - Common Stock - Currency: USD
Overall ITP gets a technical rating of 0 out of 10. ITP 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ITP is a bad performer in the overall market: 64% of all stocks are doing better.
ITP is currently trading near the lower end of its 52 week range, which is not a good sign. ITP is lagging the S&P500 Index which is trading in the middle of its 52 week range.
ITP is an average performer in the Paper & Forest Products industry, it outperforms 62% of 9 stocks in the same industry.
In the last month ITP has a been trading in the 0.21 - 0.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ITP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ITP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.23
0.41
When analyzing the support we notice one important area.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.41 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
CRS36.72
Mansfield0.32
10 Day High0.27
10 Day Low0.21
20 Day High0.32
20 Day Low0.21
52 Week High1.07
52 Week Low0.2
Performance
1 Week1.34%
2 Weeks2.08%
1 Month-6.36%
3 Month-38.39%
6 Month-5.19%
12 Month19.21%
2 Year-39.77%
3 Year-94.13%
5 Year-95.35%
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)45.15
LBB0.23
UBB0.28
NYSEARCA:ITP (4/17/2025, 8:04:00 PM)
0.265
+0.01 (+3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg3.92%
1 Week1.34%
2 Weeks2.08%
1 Month-6.36%
3 Month-38.39%
6 Month-5.19%
12 Month19.21%
2 Year-39.77%
3 Year-94.13%
5 Year-95.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%10.13%
ATR Inc-31.57%
Range Today0.02
ADR(20)0.03
ADR(20)%9.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.72
Mansfield0.32
10 Day High0.27
10 Day Low0.21
20 Day High0.32
20 Day Low0.21
52 Week High1.07
52 Week Low0.2
CS1 End0.23
CR1 Start0.41
Volume & EV
DER(3)8.56%
DER(5)-2.07%
Volume72.70K
Volume Incr-76.56%
Vol(5)74.84K
Vol(50)438.80K