Technical Analysis for ITP - IT Tech Packaging, Inc.

Grade Last Price % Change Price Change
grade F 0.56 2.60% 0.01
ITP closed up 2.6 percent on Friday, September 20, 2019, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical ITP trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
20 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.60%

Older signals for ITP ...

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Basic chart:
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 Paper Towel Printing Papers Towel Toilet Paper
Is ITP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 1.3
52 Week Low 0.4511
Average Volume 23,707
200-Day Moving Average 0.7832
50-Day Moving Average 0.5921
20-Day Moving Average 0.537
10-Day Moving Average 0.5368
Average True Range 0.0433
ADX 21.18
+DI 21.6377
-DI 28.4202
Chandelier Exit (Long, 3 ATRs ) 0.4475
Chandelier Exit (Short, 3 ATRs ) 0.581
Upper Bollinger Band 0.5627
Lower Bollinger Band 0.5113
Percent B (%b) 0.95
BandWidth 9.571695
MACD Line -0.0127
MACD Signal Line -0.0205
MACD Histogram 0.0078
Fundamentals Value
Market Cap 12.01 Million
Num Shares 21.4 Million
EPS 0.36
Price-to-Earnings (P/E) Ratio 1.56
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) 0.67
Resistance 3 (R3) 0.66 0.61 0.65
Resistance 2 (R2) 0.61 0.59 0.62 0.64
Resistance 1 (R1) 0.59 0.57 0.60 0.60 0.64
Pivot Point 0.54 0.54 0.55 0.55 0.54
Support 1 (S1) 0.52 0.52 0.53 0.53 0.48
Support 2 (S2) 0.47 0.50 0.48 0.48
Support 3 (S3) 0.45 0.47 0.47
Support 4 (S4) 0.46