Technical Analysis for IPGDF - Independence Gold NL

Grade Last Price % Change Price Change
B 7.752 -0.36% -0.0280
IPGDF closed down 0.36 percent on Tuesday, May 17, 2022, on 1.34 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Strong but Oversold Other 0.00%
Wide Bands Range Expansion 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -0.36%
Gilligan's Island Buy Setup Bullish Swing Setup -0.36%
Narrow Range Bar Range Contraction -0.36%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 ATRs 27 days ago
Down 1 ATR 27 days ago
Down 5% 27 days ago
Down 3% 27 days ago
Down 1% 27 days ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Independence Group NL operates as a diversified mining and exploration company in Australia. It operates through Nova Project, Tropicana Operation, Long Operation, and New Business and Regional Exploration Activities segments. The company owns 100% interest in the Nova project, which produces nickel, copper, and cobalt concentrates located to the east-northeast of Norseman; and Long nickel project comprising 1,257 square kilometers of tenements located near Kambalda, Western Australia. It also owns 30% interest in the Tropicana gold mine covering 3,600 square kilometers of tenements located to the east northeast of Kalgoorlie. The company was founded in 2000 and is headquartered in Perth, Australia.
Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Physical Sciences Cobalt Nickel Western Australia Goldfields Esperance Kalgoorlie Nickel Mining In Western Australia Tropicana Gold Mine

Is IPGDF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.029
52 Week Low 3.1
Average Volume 997
200-Day Moving Average 6.8191
50-Day Moving Average 9.0114
20-Day Moving Average 9.4814
10-Day Moving Average 8.7466
Average True Range 0.3240
RSI 32.89
ADX 25.8
+DI 29.9923
-DI 63.4131
Chandelier Exit (Long, 3 ATRs) 10.0570
Chandelier Exit (Short, 3 ATRs) 8.6120
Upper Bollinger Bands 11.7351
Lower Bollinger Band 7.2277
Percent B (%b) 0.12
BandWidth 47.5394
MACD Line -0.3170
MACD Signal Line 0.0100
MACD Histogram -0.327
Fundamentals Value
Market Cap 4.58 Billion
Num Shares 591 Million
EPS 0.07
Price-to-Earnings (P/E) Ratio 117.45
Price-to-Sales 3.39
Price-to-Book 1.53
Dividend 0.07
Dividend Yield 0.90%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.9200
Resistance 3 (R3) 7.9013 7.8267 7.8920
Resistance 2 (R2) 7.8267 7.7839 7.8360 7.8827
Resistance 1 (R1) 7.7893 7.7575 7.8080 7.8080 7.8733
Pivot Point 7.7147 7.7147 7.7240 7.7240 7.7147
Support 1 (S1) 7.6773 7.6719 7.6960 7.6960 7.6307
Support 2 (S2) 7.6027 7.6455 7.6120 7.6213
Support 3 (S3) 7.5653 7.6027 7.6120
Support 4 (S4) 7.5840