GRUPO CIBEST SA-ADR (CIB) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CIB • US05968L1026
We assign a technical rating of 10 out of 10 to CIB. Both in the recent history as in the last year, CIB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that CIB is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, CIB also shows a nice and consistent pattern of rising prices.
- CIB is part of the Banks industry. There are 381 other stocks in this industry. CIB outperforms 99% of them.
- CIB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CIB is lagging the market slightly.
- In the last month CIB has a been trading in the 69.18 - 86.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CIB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
66.39
When analyzing the support we can see 2 important areas.
- Support @76.31 from a horizontal line in the daily time frame.
- Support @67.06 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @84.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CIB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIB is up. |
| ChartMill Relative Strength | 94.14 | POSITIVE | CIB has a high relative strength, it outperformed 94.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CIB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.16 | NEUTRAL | The RSI value for CIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests CIB has a negative trend. |
| Stochastics (14,3) | 27.29 | NEUTRAL | The Stochastics value for CIB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CIB suggests some volalility. |
| Average Directional Index/ADX (14) | 46.2 | POSITIVE | The high ADX value value for CIB suggests a strong trend. |
78.36
+2.05 (+2.69%)
GRUPO CIBEST SA-ADR / CIB FAQ
What is the ChartMill technical rating of GRUPO CIBEST SA-ADR (CIB) stock?
ChartMill assigns a technical rating of 10 / 10 to CIB.
What is the trend direction for CIB stock?
The current trend direction for GRUPO CIBEST SA-ADR (CIB) is Bullish.
What is the RSI signal for GRUPO CIBEST SA-ADR (CIB) stock?
GRUPO CIBEST SA-ADR (CIB) has an RSI value of 56.1601. This indicates that the stock is currently neutral.
What is the buy/sell signal for GRUPO CIBEST SA-ADR (CIB) stock?
The buy/sell signal for GRUPO CIBEST SA-ADR (CIB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for GRUPO CIBEST SA-ADR (CIB) stock?
GRUPO CIBEST SA-ADR (CIB) has a support level at 76.31 and a resistance level at 84.53. Check the full technical report for our detailed analysis of CIB support and resistance levels.