GRUPO CIBEST SA-ADR (CIB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIB - US05968L1026 - ADR
Taking everything into account, CIB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIB is showing a nice and steady performance.
CIB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.37, a Stop Loss order could be placed below this zone.
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31.26
5 important support areas can be observed.
- A support zone ranging from 61.69 to 62.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 60.48 to 60.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.12 from a trend line in the daily time frame.
- Support @43.89 from a horizontal line in the daily time frame.
- Support @31.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.06 to 64.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.55 | POSITIVE | CIB has a high relative strength, it outperformed 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIB is above 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) | 66.8 | NEUTRAL | The RSI value for CIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests CIB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.23 | NEUTRAL | The Stochastics value for CIB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for CIB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for CIB suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.16 | 61.68 | 2.48 (3.87%) | 25.00% |
| An entry @64.16. This is a Buy Stop order right above the resistance zone. | An exit @61.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.48 points, which is 3.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The distance between exit and entry is rather small compared to the average daily movement of CIB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
64.05
-0.02 (-0.03%)
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.
Can you provide the trend direction for GRUPO CIBEST SA-ADR?
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 66.7963. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GRUPO CIBEST SA-ADR?
The MACD indicator for GRUPO CIBEST SA-ADR (CIB) has a value of -0.105484, indicating a bearish trend.
What is the short term momentum for CIB stock?
The short term momentum for GRUPO CIBEST SA-ADR (CIB) is positive.