IBI Group Inc (IBG.CA)

CA44925L1031 - Common Stock

19.48  -0.01 (-0.05%)

Technical Rating and Analysis

10

Taking everything into account, IBG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IBG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, IBG did better than 97% of all other stocks. On top of that, IBG also shows a nice and consistent pattern of rising prices.
IBG is one of the better performing stocks in the Professional Services industry, it outperforms 100% of 8 stocks in the same industry.
IBG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IBG is leading the market.
In the last month IBG has a been trading in a tight range between 19.35 and 19.50.

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Weekly and Daily overview Charts
IBG Weekly chart
IBG Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, IBG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 19.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.47, a Stop Loss order could be placed below this zone.

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Support and Resistance Analysis

11.78

19.68

We found 2 important support areas.

  • A support zone ranging from 19.29 to 19.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.90 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 19.49 to 19.49. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.51
Mansfield5.31
10 Day High19.5
10 Day Low19.4
20 Day High19.5
20 Day Low19.35
52 Week High19.5
52 Week Low10.83
Performance
1 Week0.05%
2 Weeks0.36%
1 Month0.62%
3 Month35.28%
6 Month40.14%
12 Month71.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)77.6
LBB19.38
UBB19.52

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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.

ENTRYEXITDISTANCECAPITAL
19.5019.390.11 (0.56%)25.00%
An entry @19.50. This is a Buy Stop order right above the resistance zone.An exit @19.39. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.11 points, which is 0.56%.For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.

More info and screens

IBG Daily chart

IBI Group Inc

TSX:IBG (9/28/2022, 6:00:00 PM)

19.48

-0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.05%
1 Week0.05%
2 Weeks0.36%
1 Month0.62%
3 Month35.28%
6 Month40.14%
12 Month71.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%0.18%
ATR Inc
Range Today0.02
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.5
10 Day Low19.4
20 Day High19.5
20 Day Low19.35
52 Week High19.5
52 Week Low10.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume177.94K
Volume Incr58.13%
Vol(5)141.13K
Vol(50)165.85K