IBEX LTD (IBEX) Stock Technical Analysis
USA - NASDAQ:IBEX - BMG4690M1010 - Common Stock
We assign a technical rating of 7 out of 10 to IBEX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Besides having an excellent technical rating, IBEX 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 35.82, a Stop Loss order could be placed below this zone.
More info and screens
29.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.66 to 35.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.77 to 31.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @30.25 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @35.87 from a horizontal line in the daily time frame.
- A resistance zone ranging from 36.73 to 37.59. 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 38.20 to 38.20. 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 | DOWN | NEGATIVE | The short term trend for IBEX is down. |
| ChartMill Relative Strength | 93.55 | POSITIVE | IBEX has a high relative strength, it outperformed 93.55% 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) | UP | MIXED | The current price of IBEX is below 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) | 41.67 | NEUTRAL | The RSI value for IBEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests IBEX has a negative trend. |
| Stochastics (14,3) | 23.3 | NEUTRAL | The Stochastics value for IBEX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for IBEX suggests some volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for IBEX suggests a weak or negative 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 |
|---|---|---|---|
| 35.88 | 35.65 | 0.23 (0.64%) | 25.00% |
| An entry @35.88. This is a Buy Stop order right above the resistance zone. | An exit @35.65. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.23 points, which is 0.64%. | For a 0.16% 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.
35.83
-0.15 (-0.42%)
IBEX LTD / IBEX FAQ
Can you provide the ChartMill technical rating for IBEX LTD?
ChartMill assigns a technical rating of 7 / 10 to IBEX.
Can you provide the trend direction for IBEX LTD?
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 41.6676. This indicates that the stock is currently neutral.
What is the MACD signal for IBEX stock?
The MACD indicator for IBEX LTD (IBEX) has a value of -0.191149, indicating a bearish trend.
What is the short term momentum for IBEX stock?
The short term momentum for IBEX LTD (IBEX) is negative.