IBEX LTD (IBEX) Technical Analysis
NASDAQ:IBEX • BMG4690M1010
Current stock price
IBEX Technical Rating and Analysis
Taking everything into account, IBEX scores 0 out of 10 in our technical rating. IBEX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 72% of all other stocks performed better in the past year than IBEX.
- IBEX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBEX is lagging the market.
- IBEX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- IBEX is one of the better performing stocks in the IT Services industry, it outperforms 74% of 88 stocks in the same industry.
IBEX Weekly and Daily overview Charts
IBEX Setup Rating and Analysis
The technical rating of IBEX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
IBEX Support and Resistance Analysis
26.14
When analyzing the support we notice one important area.
- A support zone ranging from 26.40 to 26.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 30.52 to 30.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 37.77 to 38.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
IBEX 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 | DOWN | NEGATIVE | The long term trend for IBEX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBEX is down. |
| ChartMill Relative Strength | 28.82 | NEGATIVE | IBEX has a low relative strength, it was outperformed by 71.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBEX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.97 | NEUTRAL | The RSI value for IBEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests IBEX has a positive trend. |
| Stochastics (14,3) | 36.51 | NEUTRAL | The Stochastics value for IBEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for IBEX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.83 | NEGATIVE | The low ADX value for IBEX suggests a weak or negative trend. |
IBEX Chart- and CandleStick Pattern Analysis
IBEX Technicals: Chart, Performance Metrics, Trend & Indicators
27.7
+0.15 (+0.54%)
IBEX LTD / IBEX TA FAQ
Can you provide the ChartMill technical rating for IBEX LTD?
ChartMill assigns a technical rating of 0 / 10 to IBEX.
What is the trend direction for IBEX stock?
The current trend direction for IBEX LTD (IBEX) is Bearish.
What is the RSI signal for IBEX LTD (IBEX) stock?
IBEX LTD (IBEX) has an RSI value of 41.9733. This indicates that the stock is currently neutral.
What is the short term momentum for IBEX stock?
The short term momentum for IBEX LTD (IBEX) is negative.
Can you provide the buy/sell signal for IBEX LTD?
The buy/sell signal for IBEX LTD (IBEX) is sell as both the short term and long term trends are negative.