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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

IPG Photonics Corporation (NASDAQ:IPGP)

Sidelines Mode (-55) - IPGP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_IPGP
Open High Low IPGP Price Change
85.59 87.35 85.59 87.30 +1.93
Entry Signal

MarketClub’s Trade Triangles for IPGP

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 84.59

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 86.09

short term up The short-term trend has been UP since Apr 23rd, 2024 at 85.65

Smart Scan Analysis for IPGP

Based on our trend formula, IPGP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for IPGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.59 87.35 85.59 87.30 +1.93
Prev. Close Volume Bid Ask Time
85.37 94505 2024-04-24 12:43:02
Year High264.111Year High Date2018-01-16
Year Low107.59Year Low Date2018-10-30
52wk High141.8552wk High Date2023-07-13
52wk Low8352wk Low Date2023-10-31
Year End Close66.65Average Volume204,263
Shares Outstanding46,098Short Interest6,854,821
% Institutional80.3Market Cap7,919M
Assets269,889,800MLiabilities283,513,000M
P/E Ratio18.4384Beta1.52
Volatility50.41
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