iPower Inc. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Volatile ride for iPower Inc. stock price on Tuesday moving between $1.70 and $1.94
(Updated on Jul 02, 2024)
The iPower Inc. stock price fell by -7.09% on the last day (Tuesday, 2nd Jul 2024) from $1.91 to $1.77. During the last trading day the stock fluctuated 14.27% from a day low at $1.70 to a day high of $1.94. The price has fallen in 7 of the last 10 days and is down by -15.31% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -84 thousand shares and in total, 254 thousand shares were bought and sold for approximately $449.97 thousand.
Given the current short-term trend, the stock is expected to rise 192.84% during the next 3 months and, with a 90% probability hold a price between $5.18 and $10.94 at the end of this 3-month period.
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IPW Signals & Forecast
There are few to no technical positive signals at the moment. The iPower Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $1.85 and $2.06. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, June 14, 2024, and so far it has fallen -46.36%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Support, Risk & Stop-loss for iPower Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $1.58 and $1.49. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, iPower Inc. finds support just below today's level at $1.58. If this is broken, then the next support from accumulated volume will be at $1.49 and $1.46.
This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.243 between high and low, or 14.27%. For the last week the stock has had daily average volatility of 11.58%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (IPW) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect iPower Inc. to open at $1.80, and during the day (based on 14 day Average True Range), to move between $1.38 and $2.16, which gives a possible trading interval of +/-$0.387 (+/-21.88%) up or down from last closing price. If iPower Inc. takes out the full calculated possible swing range there will be an estimated 43.76% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $1.58 (10.73%) than the resistance at $2.03 (14.69%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is iPower Inc. stock A Buy?
The iPower Inc. stock holds several negative signals and despite the positive trend, we believe iPower Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
Current score: -2.656 Sell Candidate Unchanged
Predicted Opening Price for iPower Inc. of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $1.80 ( 1.93%) | $1.77 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IPW
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.05 | 15.64% |
| R2 | 1.95 | 10.40% |
| R1 | 1.90 | 7.17% |
| Price | 1.77 | |
| S1 | 1.71 | -3.30% |
| S2 | 1.65 | -6.54% |
| S3 | 1.56 | -11.77% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 2.09 | 18.08% |
| R2 | 2.05 | 15.82% |
| R1 | 2.03 | 14.69% |
| Price | 1.77 | |
| S1 | 1.58 | -10.73% |
| S2 | 1.49 | -15.82% |
| S3 | 1.46 | -17.51% |
IPW Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 16, 2017 | Jun 16, 2017 | Jun 28, 2017 | $0.230 | 0% |
| 2 | Mar 17, 2017 | Mar 17, 2017 | Mar 29, 2017 | $0.140 | 0% |
| 3 | Dec 16, 2016 | Dec 16, 2016 | Dec 29, 2016 | $0.210 | 0% |
| 4 | Sep 16, 2016 | Sep 16, 2016 | Sep 28, 2016 | $0.140 | 0% |
| 5 | Jun 17, 2016 | Jun 17, 2016 | Jun 29, 2016 | $0.250 | 0% |
FAQ
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