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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
IPG Photonics Corporation (NASDAQ:IPGP)
Bull Market Weakness (+75) - IPGP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IPGP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IPGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for IPGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IPGP
The long-term trend has been DOWN since Apr 15th, 2024 at 84.590
The intermediate-term trend has been UP since May 7th, 2024 at 89.825
The short-term trend has been UP since May 3rd, 2024 at 87.525
Smart Scan Analysis for IPGP
Based on our trend formula, IPGP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 88.520 | 89.350 | 88.310 | 89.165 | -0.325 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89.170 | 163285 | 2024-05-08 15:59:41 |
| Year High | 264.111 | Year High Date | 2018-01-16 |
| Year Low | 107.59 | Year Low Date | 2018-10-30 |
| 52wk High | 141.85 | 52wk High Date | 2023-07-13 |
| 52wk Low | 80.33 | 52wk Low Date | 2024-04-30 |
| Year End Close | 66.65 | Average Volume | 237,267 |
| Shares Outstanding | 46,098 | Short Interest | 6,854,821 |
| % Institutional | 80.3 | Market Cap | 7,919M |
| Assets | 259,843,600M | Liabilities | 257,716,000M |
| P/E Ratio | 23.0051 | Beta | 1.52 |
| Volatility | 50.41 |