IMPACT BIOMEDICAL INC (IBO) Stock Technical Analysis
USA - NYSEARCA:IBO - US45259L2051 - Common Stock
0.5961 USD
-0.01 (-0.9%)
0.6075 USD
+0.01 (+1.91%)
We assign a technical rating of 2 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.
100% of all other stocks performed better in the past year than IBO.
IBO is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 91% are performing better than IBO.
In the last month IBO has a been trading in the 0.58 - 0.69 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
IBO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.54
0.72
When analyzing the support we notice one important area.
- Support @0.55 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.61 to 0.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.69 from a trend line in the weekly time frame.
- Resistance @0.71 from a horizontal line in the daily time frame.
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) | UP | MIXED | The current price of IBO is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 39.17 | 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) | 19.84 | OVERSOLD | The low Stochastics value suggests IBO may be oversold. |
| Average True Range in percent/ATR (20) | 4.5 | MEDIUM VOLATILITY | The ATR as a percentage value for IBO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for IBO suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.5961
-0.01 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.9%
1 Week-3.21%
2 Weeks-6.27%
1 Month-12.07%
3 Month-7.68%
6 Month48.06%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.5%
ATR Inc-32.18%
Range Today0.02
ADR(20)0.03
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.65
10 Day Low0.58
20 Day High0.69
20 Day Low0.58
52 Week HighN/A
52 Week LowN/A
CS1 End0.55
CR1 Start0.61
Volume & EV
DER(3)2.34%
DER(5)-0.47%
Volume57.00K
Volume Incr-50.8%
Vol(5)78.00K
Vol(50)226.33K