NYSEARCA:IBO - NYSE Arca - US45259L2051 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to IBO. IBO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
IBO has a poor technical rating and the quality of the setup is also not perfect 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.
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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 IBO is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBO is down. |
ChartMill Relative Strength | 0 | NEGATIVE | IBO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBO is below a declining SMA(50). |
Relative Strength Index/RSI (14) | 40.75 | NEUTRAL | The RSI value for IBO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IBO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 21.24 | NEUTRAL | The Stochastics value for IBO is a neutral value. |
Average True Range in percent/ATR (20) | 8.9 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
Average Directional Index/ADX (14) | 21.81 | NEUTRAL | The ADX value for IBO suggests a possible start of a new trend. |
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-0.01 (-2.89%)