We assign a technical rating of 2 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.
- 100% of all other stocks performed better in the past year than IBO.
- IBO is one of the lesser performing stocks in the Pharmaceuticals industry. 92% of 190 stocks in the same industry do better.
- In the last month IBO has a been trading in the 0.42 - 0.65 range, which is quite wide. It is currently trading near the lows of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- 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. There is a resistance zone just above the current price starting at 0.53. Right above this resistance zone may be a good entry point.
More info and screens
0.44
When analyzing the support we can see 3 important areas.
- Support @0.47 from a trend line in the weekly time frame.
- Support @0.45 from a trend line in the daily time frame.
- Support @0.44 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 0.64 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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) | UP | MIXED | The current price of IBO is below the rising 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) | 46.93 | NEUTRAL | The RSI value for IBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IBO has a negative trend. |
| Stochastics (14,3) | 32.57 | NEUTRAL | The Stochastics value for IBO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.3 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.15 | POSITIVE | The high ADX value value for IBO suggests a strong trend. |
0.484
+0 (+0.25%)
IMPACT BIOMEDICAL INC / IBO FAQ
What is the ChartMill technical rating of IMPACT BIOMEDICAL INC (IBO) stock?
ChartMill assigns a technical rating of 2 / 10 to IBO.
What is the trend direction for 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 46.9333. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IMPACT BIOMEDICAL INC?
The MACD indicator for IMPACT BIOMEDICAL INC (IBO) has a value of -0.00322329, indicating a bearish trend.