GRUPO CIBEST SA-ADR (CIB) Technical Analysis
NYSE:CIB • US05968L1026
Current stock price
CIB Technical Rating and Analysis
Taking everything into account, CIB scores 7 out of 10 in our technical rating. In the last year, CIB was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, CIB did better than 82% of all other stocks.
- CIB is one of the better performing stocks in the Banks industry, it outperforms 87% of 376 stocks in the same industry.
- CIB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIB is lagging the market.
- In the last month CIB has a been trading in the 68.81 - 78.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
CIB Weekly and Daily overview Charts
CIB Setup Rating and Analysis
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 a support zone below the current price at 71.31, a Stop Loss order could be placed below this zone.
More info and screens
CIB Support and Resistance Analysis
64.46
We found 3 important support areas.
- A support zone ranging from 69.35 to 71.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.93 from a trend line in the daily time frame.
- A support zone ranging from 65.11 to 65.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 76.34 to 77.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
CIB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for CIB is neutral. |
| ChartMill Relative Strength | 82.11 | POSITIVE | CIB has a high relative strength, it outperformed 82.11% 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) | DOWN | NEGATIVE | The current price of CIB is below a declining 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) | 45.2 | NEUTRAL | The RSI value for CIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests CIB has a negative trend. |
| Stochastics (14,3) | 12.3 | OVERSOLD | The low Stochastics value suggests CIB may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for CIB suggests some volalility. |
| Average Directional Index/ADX (14) | 11.75 | NEGATIVE | The low ADX value for CIB suggests a weak or negative trend. |
CIB Chart- and CandleStick Pattern Analysis
CIB Example Setup
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 |
|---|---|---|---|
| 74.45 | 71.33 | 3.12 (4.19%) | 23.86% |
| An entry @74.45. This is a Buy Stop order right above the 10 day moving average. | An exit @71.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.12 points, which is 4.19%. | For a 1.00% total portfolio risk, you can invest 23.86% 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.
CIB Technicals: Chart, Performance Metrics, Trend & Indicators
71.51
-0.38 (-0.53%)
GRUPO CIBEST SA-ADR / CIB TA FAQ
What is the ChartMill technical rating of GRUPO CIBEST SA-ADR (CIB) stock?
ChartMill assigns a technical rating of 7 / 10 to CIB.
What is the trend direction for CIB stock?
The current trend direction for GRUPO CIBEST SA-ADR (CIB) is Bullish.
Can you provide the RSI signal for GRUPO CIBEST SA-ADR?
GRUPO CIBEST SA-ADR (CIB) has an RSI value of 45.2045. This indicates that the stock is currently neutral.
What is the short term momentum for CIB stock?
The short term momentum for GRUPO CIBEST SA-ADR (CIB) is neutral.