CA44925L1031 - Common Stock
Overall IBG gets a technical rating of 10 out of 10. 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.
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.
The following trade can be suggested based on the decent technical rating and setup score.
|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 trade has a worst case loss of 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.|
TSX:IBG (9/28/2022, 6:00:00 PM)-0.01 (-0.05%)
|GICS Industry||Professional Services|
|2 Weeks||0.36%||1 Month||0.62%|
|3 Month||35.28%||6 Month||40.14%|
|ATR Inc||-25.96%||Range Today||0.02|
|ST Trend||LT Trend|
|10 Day High||19.5||10 Day Low||19.4|
|20 Day High||19.5||20 Day Low||19.35|
|52 Week High||19.5||52 Week Low||10.83|
|CS1 End||19.47||CR1 Start||19.49|
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