Technical Analysis for ITP - IT Tech Packaging, Inc.

Grade Last Price % Change Price Change
grade D 0.84 -0.01% 0.00
ITP closed down 0.01 percent on Wednesday, February 19, 2020, on 1.16 times normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Mar 6
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical ITP trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Lower Bollinger Band Walk Weakness 0.00%

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Profile

IT Tech Packaging, Inc. produces and distributes paper products primarily in the People's Republic of China. The company offers corrugating medium papers and offset printing papers. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Orient Paper brand name. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in July 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People's' Republic of China.
Materials Packaging Materials Paper Products Artificial Objects Paper Personal Hygiene Products Printing Papers Paper Towel Toilet Paper Towel

Is ITP 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 1.3
52 Week Low 0.4511
Average Volume 23,720
200-Day Moving Average 0.78
50-Day Moving Average 0.90
20-Day Moving Average 0.88
10-Day Moving Average 0.87
Average True Range 0.05
ADX 13.57
+DI 17.04
-DI 11.06
Chandelier Exit (Long, 3 ATRs ) 0.78
Chandelier Exit (Short, 3 ATRs ) 0.99
Upper Bollinger Band 0.92
Lower Bollinger Band 0.84
Percent B (%b) 0.05
BandWidth 9.26
MACD Line -0.01
MACD Signal Line -0.01
MACD Histogram -0.0039
Fundamentals Value
Market Cap 18.01 Million
Num Shares 21.4 Million
EPS 0.36
Price-to-Earnings (P/E) Ratio 2.33
Price-to-Sales 0.17
Price-to-Book 0.11
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.99
Resistance 3 (R3) 1.00 0.97 0.96
Resistance 2 (R2) 0.97 0.93 0.96 0.95
Resistance 1 (R1) 0.91 0.91 0.89 0.89 0.95
Pivot Point 0.87 0.87 0.86 0.86 0.87
Support 1 (S1) 0.81 0.84 0.79 0.79 0.73
Support 2 (S2) 0.77 0.81 0.77 0.73
Support 3 (S3) 0.71 0.77 0.72
Support 4 (S4) 0.69