IMPACT BIOMEDICAL INC (IBO) Stock Technical Analysis
NYSEARCA:IBO • US45259L2051
Taking everything into account, IBO scores 0 out of 10 in our technical rating. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 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. 91% of 193 stocks in the same industry do better.
- In the last month IBO has a been trading in the 0.37 - 0.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- 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. Prices have been consolidating lately. 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
0.44
We can see 3 important resistance areas.
- A resistance zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.61 from a trend line in the daily time frame.
- Resistance @0.62 from a trend 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 | DOWN | NEGATIVE | The long term trend for IBO is down. |
| 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 | 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.57 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 41.42 | NEUTRAL | The Stochastics value for IBO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.98 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.42 | NEUTRAL | The ADX value for IBO suggests a possible start of a new trend. |
0.44
+0.03 (+6.02%)
IMPACT BIOMEDICAL INC / IBO FAQ
What is the ChartMill technical rating of IMPACT BIOMEDICAL INC (IBO) stock?
ChartMill assigns a technical rating of 0 / 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 43.5731. 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 -0.00425306, indicating a bearish trend.