GRUPO CIBEST SA-ADR (CIB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CIB - US05968L1026 - ADR
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.
Although CIB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.38
We found 2 important support areas.
- A support zone ranging from 60.49 to 63.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.92 from a trend 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 | 95.6 | POSITIVE | CIB has a high relative strength, it outperformed 95.6% 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) | 75.53 | OVERBOUGHT | The high RSI value suggests CIB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests CIB has a positive trend. |
| Stochastics (14,3) | 96.37 | OVERBOUGHT | The high Stochastics value suggests CIB may be overbought. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for CIB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for CIB suggests a possible start of a new trend. |
70.74
+0.59 (+0.84%)
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 75.5346. This indicates that the stock is currently overbought.
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 63.63. Check the full technical report for our detailed analysis of CIB support and resistance levels.