Inphi Corporation (IPHI)

IPHI stock forecast: buy or sell

IPHI stock outlook

  • After reaching all-time highs yesterday, Inphi Corporation $0.001 par value closed at $124.88 rising a 2.35%
  • Price is drawing a scaled uptrend since late March with higher tops and higher bottoms. This rally marked a 124.12% gain
  • Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide.
No ad for you

Please read:
The comments contained in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the individual scenarios of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for informational purposes only

IPHI stock chart overview

Should I buy Inphi Corporation $0.001 par value stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is IPHI stock a buy?

Currently, Inphi Corporation $0.001 par value stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for IPHI in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

No ad for you

Should I sell Inphi Corporation $0.001 par value stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies give us the ability us to avoid rash decisions based on our personal feelings or the buzz that surrounds the market. We like very simple strategies to guide us on when is the best moment to sell our shares. Be aware that these strategies are not intended for selling short IPHI stock

As a rule of thumb, you should never hold an open trade that generates greater losses than those expected by the time of purchase. The timing to sell shares must always be determined by the stop-loss (automatic or manual)

Is it time to sell Inphi Corporation $0.001 par value stock?

Currently, Inphi Corporation $0.001 par value stock doesn't match any of our preferred sell setups, so if you hold Inphi Corporation $0.001 par value shares and your operation is in profit probably is not time to sell now

No ad for you

Analysts' recommendations to buy or sell Inphi Corporation $0.001 par value stock

Brokerage firms and financial institutions post stock ratings based on their views of the market and the fundamental and technical situation of the analyzed stock. Unfortunately, the accuracy of these predictions is not very high, and certainly not a direct buy or sell signal

In the last month, 3 ratings were published for Inphi Corporation $0.001 par value. General sentiment is bullish, with 3 out of 3 posting positive forecasts

No ad for you

Inphi Corporation $0.001 par value ratings

Brokerage firmRating
Jun 15th, 2020
Barclays Buy
Jun 16th, 2020
Morgan Stanley Buy
Jun 25th, 2020
Smith Barney Citigroup Buy

Technical analysis

Inphi Corporation $0.001 par value shares started an uptrend in late March, and gained an amazing 124.12%. During this uptrend, the price offered some buy points on the breakouts. Latest low was in mid-June, when price bounced at $106.54. Currently, it swings in a consolidation between its last top ($133.47) and its last bottom ($106.54)

IPHI at All-time Highs

Inphi Corporation $0.001 par value did it again, and reached new all-time highs (ATH) yesterday at $133.47

SMAs overview

Moving averages are simple tools for traders to detect stock momentum. A moving average is calculated as the simple mean of the previous N periods (usually sessions). Usual time periods used for moving averages are 21 days, 50 days, 100 days and 200 days

Supports and resistances

Traders use supports and resistances as a way to identify price points in the stock price action that may behave as obstacles, containing the price of shares to move in certain direction. A support level is a level where the price may find support as it falls. This means that the price is more likely to "rebound" this level rather than break through it. However, if the price breaks down this level, it will probably continue declining until finding another support level. On the contrary, resistance levels are where the price may find a curb as it rises. In the same way, this means that the price is more likely to "rebound" at this level, and if it finally breaches this level, it will climb more easily until it approaches the next resistance

The current resistance levels are:

  • R1: $127.79 (2.33% above)
  • R2: $133.47 (6.88% above)
  • The current support levels are:

  • S1: $106.54 (-14.69% below)
  • S2: $102.10 (-18.24% below)
  • S3: $93.58 (-25.06% below)
  • Bollinger bands

    So-called Bollinger bands are a widely known practice developed by John Bollinger. It is made up of 3 bands that are outlined superimposed on the price evolution chart:

    • The central band is a moving average, usually a simple moving average calculated with 20 periods
    • The upper band is calculated by adding to the value of the simple moving average 2 times the standard deviation of the moving average
    • The lower band is calculated by subtracting from the simple moving average 2 times the standard deviation of the moving average

    Since the price surpassed the upper band last Friday, the price dropped by 4.18%. The price is trading near to the upper Bollinger band, poiting some level of overbought in recent sessions. This is not a sell signal, as price can move in these levels for many days and weeks

    Relative strength index

    The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and past strength or weakness of a stock or market based on the closing prices of a recent trading period. Like other oscillation indicators, the RSI moves in a range between 0 and 100. J. Welles Wilder introduced the relative strength indicator in 1978 and since then it has been widely used by investors

    The RSI dropped below the overbought level of 70 in early June after just crossing to the overbough zone for just one day (weak signal). The RSI reading today was 58.93. Inphi Corporation $0.001 par value price barely moved a 0.18% since RSI lost the overbought zone

    No ad for you

    Earnings and financials

    In early May, IPHI hosted the financial event and posted the first-quarter report. IPHI topped market estimates and posted an Earnings per Share of $0.62, that is a 8.77% increase compared to the initial forecasts of $0.57. Reported sales were $139.4 million compared to estimates of $137.9 million.

    This compares to earnings of $0.33 per share a year ago, so current EPS is an increase of 87.88%. Turnover skyrocketed a 69.58% on an annualized basis in the first-quarter, from $82.2M to $139.4M last quarter.

    IPHI is releasing quarterly earnings report on Wednesday next week. Analysts predict an Earnings per Share of $0.66, that is a 6.45% higher than previous quarter. If you hold or you are planning to buy IPHI shares, you must be on alert as earnings reporting day usually has a very high volatility, and price can soar and sink with exceptionally low liquidity and not respecting your buy or stop-loss orders. You can find more details about the earnings conference call and the financial reports on the Investor Relations section of its website: http://www.inphi.com.

    No ad for you