IMPACT BIOMEDICAL INC (IBO) Stock Technical Analysis
NYSEARCA:IBO - NYSE Arca - US45259L2051 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to IBO. IBO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, IBO is a bad performer in the overall market: 100% of all stocks are doing better.
IBO is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 193 stocks in the same industry do better.
In the last month IBO has a been trading in the 0.36 - 1.95 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, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
IBO has an average volume of 13772900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, IBO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for IBO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.56
0.77
We found 2 important support areas.
- A support zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.57 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.76 from a horizontal line in the weekly 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 | 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) | UP | MIXED | The current price of IBO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBO is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.81 | NEUTRAL | The RSI value for IBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests IBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.6 | OVERSOLD | The low Stochastics value suggests IBO may be oversold. |
| Average True Range in percent/ATR (20) | 30.3 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.69 | POSITIVE | The high ADX value value for IBO suggests a strong 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)
0.67
+0.06 (+9.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg9.07%
1 Week11.87%
2 Weeks3.52%
1 Month48.89%
3 Month66.42%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%30.3%
ATR Inc-62.54%
Range Today0.09
ADR(20)0.14
ADR(20)%21.48%
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 High0.72
10 Day Low0.56
20 Day High1.95
20 Day Low0.36
52 Week HighN/A
52 Week LowN/A
CS1 End0.62
CR1 Start0.76
Volume & EV
DER(3)9.67%
DER(5)1.65%
Volume840.80K
Volume Incr-97.24%
Vol(5)653.56K
Vol(50)13.77M