Since it joined the list
$IPI landed on the list 2026-04-10, down 25.8% from its 52-week high that day — now down -21.5%.
It has clawed back 4.3 percentage points off that level. It bottomed 30.1% below that high along the way.
Decline from the 52-week high as it stood on 2026-04-10 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
IPI qualifies for the Watch on decline depth.
The structural read
What price action says about IPI.
IPI qualifies for the Watch on decline depth — down -21.5% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 4.0σ over 10 bars.
Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 1 (red), monthly 2U (red).
Earnings on file: 2026-05-06. Tiering is unaffected by earnings dates — listings reflect price structure only.
52-week range
Sector context · Basic Materials
64 other Basic Materials tickers are on Broken Stocks.
Worst in sector: METC (-75.9%). Least-bad: NEM (-20.0%). See all Basic Materials listings →
Questions about IPI
What people ask.
Why is IPI on Broken Stocks?
IPI qualifies for the Watch on decline depth. It is down -21.5% from its rolling 252-day high of $50.34, set on 2026-03-12 — 72d ago.
Is IPI a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. IPI is down -21.5% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is IPI a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is IPI trading inside its 52-week range?
At $39.51, IPI sits 61.0% of the way from its 52-week low ($22.55) to its 52-week high ($50.34). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has IPI been declining?
The current 21.5% decline accrued over 72d, which annualizes to roughly -109.0% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does IPI compare to its sector?
There are 64 other Basic Materials tickers on Broken Stocks: 32 Red, 8 Amber, 24 Watch, with 12 showing recovering structural signals. Median sector decline is -30.9% — IPI's decline is shallower than the sector median.
Does IPI's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.