IMPPP Technical

Technical Sentiment Analysis for Imperial Petroleum Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares (IMPPP) As of 2024-12-03, Imperial Petroleum Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Shares (IMPPP) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for IMPPP stands at 53.52, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.09, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 66.27 and the Commodity Channel Index (CCI) at 52.91 further confirm a 0.14 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, IMPPP is trading above its 60-day moving average of $25.24 and above its 200-day long-term moving average of $24.51. Key price levels to watch include the immediate resistance at $25.6 and strong support at $25.25. A break above $25.6 could signal a bull continuation, while falling below $25.25 may test the next Fibonacci floor at $25.07.