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Advertising Industry Stocks Technical Analysis - IPGArchive - 11/15/2024 - Sign In to see current Signals. |
Interpublic Group (IPG) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Interpublic Group (IPG). During the week, the IPG dropped -2.74 points, or -9.19%, and closed at 27.09 on Friday, November 15, 2024. Weekly volume was 45% above average. IPG is a member of Communication Services Sector. Communication Services is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See IPG long-term trend chart] A long-term downtrend had started on June 14, 2023 at 40.95 and reached 27.01 on November 15, 2024. IPG lost 13.94 points, or 34.04%, in 74 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend support line (28.43) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend. Medium-term trend: [See IPG medium-term trend chart] A medium-term downtrend had started on August 26, 2024 at 32.73 and reached 27.01 on November 15, 2024. IPG lost 5.72 points, or 17.48%, in 11 weeks. Price is near the trend low. Weekly Technical Indicators: [See IPG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See IPG short-term trend chart] A short-term downtrend had started on November 6, 2024 at 31.00 and reached 27.01 on November 15, 2024. IPG lost 3.99 points, or 12.87%, in 9 days. Price is near the trend low. Daily Technical Indicators: [See IPG daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Relative Strength Index help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Communication Services |
11 |
Industry |
Advertising |
46 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
31.00 |
High Date |
11/06/2024 |
Low |
27.01 |
Low Date |
11/15/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
32.19 |
High Date |
10/18/2024 |
Low |
27.01 |
Low Date |
11/15/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
32.73 |
High Date |
08/26/2024 |
Low |
27.01 |
Low Date |
11/15/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
35.17 |
High Date |
03/14/2024 |
Low |
27.01 |
Low Date |
11/15/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Support |
Resistance |
30.86 |
Support |
28.43 |
High |
40.95 |
High Date |
06/14/2023 |
Low |
27.01 |
Low Date |
11/15/2024 |
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