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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
$0.16
$0.006(3.67%)
U.S. Market is Open · 13:08

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 neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.38)
Trend Strength:Moderate (ADX: 22.83)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.15 – $0.19 (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): 39.38

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.95

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.90

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -10.78

Strongly Bearish
Sharp downside momentum.

Takeaway:IT Tech Packaging, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 22.83

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -71.86

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
$0.19
Middle Band (SMA 20)
$0.17
Lower Band
$0.15
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.17
Lower Channel
$0.15
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 Volume8.16M
Money Flow Index42.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.57Bearish, price momentum favors sellers.

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:Technical indicators for IT Tech Packaging, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: ITP) Technical Analysis FAQ