INNOVATION BEVERAGE GROUP LT (IBG) Technical Analysis
NASDAQ:IBG • AU0000226177
Current stock price
IBG Technical Rating and Analysis
Taking everything into account, IBG scores 0 out of 10 in our technical rating. IBG'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.
- 100% of all other stocks performed better in the past year than IBG.
- IBG is part of the Beverages industry. There are 34 other stocks in this industry, of which 93% are performing better than IBG.
- IBG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so IBG is lagging the market.
- In the last month IBG has a been trading in the 0.94 - 5.86 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
IBG Weekly and Daily overview Charts
IBG Setup Rating and Analysis
IBG has a poor technical rating and the quality of the setup is also only medium 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
IBG Support and Resistance Analysis
1.14
2 important resistance areas can be observed.
- Resistance @1.25 from a horizontal line in the daily time frame.
- Resistance @2.04 from a trend line in the daily time frame.
IBG 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 IBG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBG is down. |
| ChartMill Relative Strength | 0.46 | NEGATIVE | IBG has a low relative strength, it was outperformed by 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.43 | NEUTRAL | The RSI value for IBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests IBG has a positive trend. |
| Stochastics (14,3) | 32.1 | NEUTRAL | The Stochastics value for IBG is a neutral value. |
| Average True Range in percent/ATR (20) | 43.44 | HIGH VOLATILITY | The high ATR as a percentage value for IBG suggests high volalility. |
| Average Directional Index/ADX (14) | 18.31 | NEGATIVE | The low ADX value for IBG suggests a weak or negative trend. |
IBG Chart- and CandleStick Pattern Analysis
IBG Technicals: Chart, Performance Metrics, Trend & Indicators
1.15
+0.06 (+5.5%)
INNOVATION BEVERAGE GROUP LT / IBG TA FAQ
Can you provide the ChartMill technical rating for INNOVATION BEVERAGE GROUP LT?
ChartMill assigns a technical rating of 0 / 10 to IBG.
What is the current trend direction of INNOVATION BEVERAGE GROUP LT (IBG) stock?
The current trend direction for INNOVATION BEVERAGE GROUP LT (IBG) is Bearish.
What is the RSI signal for INNOVATION BEVERAGE GROUP LT (IBG) stock?
INNOVATION BEVERAGE GROUP LT (IBG) has an RSI value of 33.4272. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INNOVATION BEVERAGE GROUP LT?
The short term momentum for INNOVATION BEVERAGE GROUP LT (IBG) is negative.
What are the support and resistance levels for INNOVATION BEVERAGE GROUP LT (IBG) stock?
INNOVATION BEVERAGE GROUP LT (IBG) has a resistance level at 1.25. Check the full technical report for our detailed analysis of IBG support and resistance levels.