ION BEAM APPLICATIONS (IBAB.BR) Stock Technical Analysis
EBR:IBAB - Euronext Brussels - BE0003766806 - Common Stock - Currency: EUR
We assign a technical rating of 5 out of 10 to IBAB. In the past year, IBAB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, IBAB is a bad performer in the overall market: 83% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
IBAB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
IBAB is part of the Health Care Equipment & Supplies industry. There are 63 other stocks in this industry, IBAB did better than 58% of them.
IBAB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBAB is lagging the market slightly.
Although the technical rating is only medium, IBAB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.16, a Stop Loss order could be placed below this zone.
More info and screens
9.53
14.16
3 important support areas can be observed.
- A support zone ranging from 11.84 to 12.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.80 from a trend line in the weekly time frame.
- Support @9.63 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 12.29 to 12.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.92 to 13.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.94 to 14.02. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for IBAB.BR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBAB.BR is up. |
| ChartMill Relative Strength | 17.7 | NEGATIVE | IBAB.BR has a low relative strength, it was outperformed by 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBAB.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBAB.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of IBAB.BR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.78 | NEUTRAL | The RSI value for IBAB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IBAB.BR has a positive trend. |
| Stochastics (14,3) | 77.45 | NEUTRAL | The Stochastics value for IBAB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for IBAB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 31.2 | POSITIVE | The high ADX value value for IBAB.BR 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)
EBR:IBAB (6/6/2025, 7:00:00 PM)
12.28
+0.08 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.66%
1 Week1.49%
2 Weeks5.5%
1 Month7.91%
3 Month-5.68%
6 Month-11.14%
12 Month-10.36%
2 Year-19.63%
3 Year-21.08%
5 Year60.73%
10 Year-49.71%
15 Year81.12%
Volatility
ATR(14)0.34
ATR(20)%2.53%
ATR Inc-40.17%
Range Today0.26
ADR(20)0.28
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.7
Mansfield-0.72
10 Day High12.5
10 Day Low11.76
20 Day High12.5
20 Day Low11.14
52 Week High15.14
52 Week Low9.4
CS1 End12.16
CR1 Start12.29
Volume & EV
DER(3)-0.12%
DER(5)0.02%
Volume26.09K
Volume Incr-43.95%
Vol(5)21.60K
Vol(50)45.54K