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IT Tech Packaging, Inc.

ITP Technical Analysis Summary (AMEX)

Analyze ITP on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ITP●AMEX
Basic MaterialsPaper, Lumber & Forest Products
$0.12
$0.001(0.65%)
U.S. Market opens in 11h 35m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ITP Technical Analysis Summary (AMEX)

IT Tech Packaging, Inc. (AMEX: ITP) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.60)
Trend Strength:Moderate (ADX: 20.84)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.12 – $0.16 (Bollinger Bands)

Technical conditions suggest IT Tech Packaging, Inc. on the AMEX is awaiting a decisive move. This mix signals that IT Tech Packaging, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.60

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 12.80

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.37

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.54

Strongly Bearish
Sharp downside momentum.

Takeaway:IT Tech Packaging, Inc. shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.84

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -91.83

Bearish
Bearish, momentum remains under pressure.

Takeaway:IT Tech Packaging, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.16
Middle Band (SMA 20)
$0.14
Lower Band
$0.12
Current Position
Within Bands

Takeaway:IT Tech Packaging, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.16
Middle Line (EMA 20)
$0.14
Lower Channel
$0.12
Squeeze Status
No Squeeze

Takeaway:IT Tech Packaging, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume11.50M
Money Flow Index78.00Bullish, inflows support continued momentum.
Relative Vigor Index45.79Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ITP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of IT Tech Packaging, Inc. (AMEX: ITP), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:IT Tech Packaging, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: ITP) Technical Analysis FAQ