IBI Group Inc (IBG.CA)       19.48  -0.01 (-0.05%)

19.48  -0.01 (-0.05%)

CA44925L1031 - Common Stock

Technical Rating

10

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.



The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IBG is one of the better performing stocks in the market, outperforming 97% of all 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 72 stocks in the same industry.
IBG is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month IBG has a been trading in a tight range between 19.35 and 19.50.

Statistics

1 Month 3 Months 6 Months 12 Months 0.62% 35.28% 40.14% 71.63% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 97.51 10.83 - 19.5
IBG Weekly chart
IBG Daily chart

Support/Resistance Analysis


11.78

19.68
When analyzing the support we can see 2 important 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.
We found 1 important resistance 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.

Setup Analysis

Setup Rating

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.


Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


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 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.

  • 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.
IBG Daily chart

IBI Group Inc19.48

TSX:IBG (9/28/2022, 6:00:00 PM)-0.01 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Professional Services

Performance
Today -0.05% 1 Week 0.05%
2 Weeks 0.36% 1 Month 0.62%
3 Month 35.28% 6 Month 40.14%

Volatility
ATR(14) 0.04 ATR(20)% 0.18%
ATR Inc -25.96% Range Today 0.02

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 97.51 Mansfield 5.31
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

Volume & EV
DER(3) 2.1% DER(5) -2.32%
Volume 177.94K Volume Incr 58.13%
Vol(5) 141.13K Vol(50) 165.85K

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