GRUPO CIBEST SA-ADR (CIB) Stock Technical Analysis
USA - NYSE:CIB - US05968L1026 - ADR
51.88 USD
+0.32 (+0.62%)
51.88 USD
0 (0%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CIB did better than 88% of all other stocks. We also observe that the gains produced by CIB over the past year are nicely spread over this period.
CIB is one of the better performing stocks in the Banks industry, it outperforms 95% of 392 stocks in the same industry.
CIB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CIB has a been trading in the 49.18 - 53.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, CIB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 51.87, a Stop Loss order could be placed below this zone.
More info and screens
31.26
52.40
4 important support areas can be observed.
- A support zone ranging from 51.20 to 51.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.70 to 47.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 43.89 to 43.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.58 from a horizontal line in the weekly 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 | 88.33 | POSITIVE | CIB has a high relative strength, it outperformed 88.33% 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) | 60.42 | NEUTRAL | The RSI value for CIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests CIB has a negative trend. |
| Stochastics (14,3) | 52.9 | NEUTRAL | The Stochastics value for CIB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for CIB suggests low volalility. |
| Average Directional Index/ADX (14) | 32.52 | POSITIVE | The high ADX value value for CIB suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 52.25 | 51.19 | 1.06 (2.03%) | 25.00% |
| An entry @52.25. This is a Buy Stop order right above the 10 day moving average. | An exit @51.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.06 points, which is 2.03%. | For a 0.51% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
51.88
+0.32 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.62%
1 Week0.02%
2 Weeks-0.46%
1 Month4.16%
3 Month20.15%
6 Month21.56%
12 Month61.32%
2 Year94.45%
3 Year112.89%
5 Year103.05%
10 Year61.12%
15 Year-20.95%
Volatility
ATR(14)1.08
ATR(20)%1.93%
ATR Inc-35.49%
Range Today0.82
ADR(20)0.95
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.33
Mansfield1.67
10 Day High53.99
10 Day Low50.96
20 Day High53.99
20 Day Low49.18
52 Week High53.99
52 Week Low30.65
CS1 End51.87
CR1 StartN/A
Volume & EV
DER(3)-1.5%
DER(5)1.75%
Volume397.00K
Volume Incr-22.31%
Vol(5)260.24K
Vol(50)311.28K