Overall IBEX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, IBEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
IBEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 37.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IBEX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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33.30
We found 3 important support areas.
- A support zone ranging from 36.55 to 37.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.75 from a horizontal line in the weekly time frame.
- A support zone ranging from 33.64 to 33.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.46 to 38.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 41.59 to 42.01. 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 IBEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBEX is up. |
| ChartMill Relative Strength | 92.36 | POSITIVE | IBEX has a high relative strength, it outperformed 92.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.25 | NEUTRAL | The RSI value for IBEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests IBEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.41 | NEUTRAL | The Stochastics value for IBEX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for IBEX suggests some volalility. |
| Average Directional Index/ADX (14) | 28 | POSITIVE | The high ADX value value for IBEX suggests a strong 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 |
|---|---|---|---|
| 38.78 | 37.59 | 1.19 (3.07%) | 25.00% |
| An entry @38.78. This is a Buy Stop order right above the resistance zone. | An exit @37.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.19 points, which is 3.07%. | For a 0.77% 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 IBEX. 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.
38.18
-0.32 (-0.83%)
IBEX LTD / IBEX FAQ
Can you provide the ChartMill technical rating for IBEX LTD?
ChartMill assigns a technical rating of 10 / 10 to IBEX.
What is the trend direction for IBEX stock?
The current trend direction for IBEX LTD (IBEX) is Bullish.
What is the RSI signal for IBEX stock?
IBEX LTD (IBEX) has an RSI value of 56.2542. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for IBEX LTD?
The buy/sell signal for IBEX LTD (IBEX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for IBEX LTD?
IBEX LTD (IBEX) has a support level at 37.6 and a resistance level at 38.46. Check the full technical report for our detailed analysis of IBEX support and resistance levels.