USA - NYSEARCA:IBO - US45259L2051 - Common Stock
Taking everything into account, IBO scores 0 out of 10 in our technical rating. IBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of IBO is bad and it also does not present a quality setup 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.
0.48
When analyzing the resistance we notice 4 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for IBO is neutral. |
| 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) | 23.84 | OVERSOLD | The low RSI value suggests IBO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IBO has a negative trend. |
| Stochastics (14,3) | 6.21 | OVERSOLD | The low Stochastics value suggests IBO may be oversold. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for IBO suggests a strong trend. |
0.48
-0.03 (-5.88%)
ChartMill assigns a technical rating of 0 / 10 to IBO.
The current trend direction for IMPACT BIOMEDICAL INC (IBO) is Bearish.
IMPACT BIOMEDICAL INC (IBO) has an RSI value of 23.8369. This indicates that the stock is currently oversold.
The short term momentum for IMPACT BIOMEDICAL INC (IBO) is negative.