We assign a technical rating of 1 out of 10 to IBO. IBO'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.
IBO 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
0.44
We found 2 important support areas.
- Support @0.45 from a horizontal line in the weekly time frame.
- Support @0.44 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @0.51 from a trend line in the daily time frame.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.54 from a horizontal line in the daily time frame.
- Resistance @0.66 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 | NEUTRAL | NEUTRAL | The long term trend for IBO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBO is neutral. |
| 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 | MIXED | The current price of IBO is above 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) | 48.61 | NEUTRAL | The RSI value for IBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests IBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.95 | NEUTRAL | The Stochastics value for IBO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.64 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.48 | POSITIVE | The high ADX value value for IBO suggests a strong trend. |
0.4856
0 (-0.51%)
IMPACT BIOMEDICAL INC / IBO FAQ
Can you provide the ChartMill technical rating for IMPACT BIOMEDICAL INC?
ChartMill assigns a technical rating of 1 / 10 to IBO.
What is the current trend direction of IMPACT BIOMEDICAL INC (IBO) stock?
The current trend direction for IMPACT BIOMEDICAL INC (IBO) is Bearish.
What is the RSI signal for IBO stock?
IMPACT BIOMEDICAL INC (IBO) has an RSI value of 48.6072. This indicates that the stock is currently neutral.
What is the short term momentum for IBO stock?
The short term momentum for IMPACT BIOMEDICAL INC (IBO) is neutral.