IMPACT BIOMEDICAL INC (IBO) Technical Analysis
NYSEARCA:IBO • US45259L2051
Current stock price
IBO Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to IBO. Both in the recent history as in the last year, IBO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- IBO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBO is lagging the market.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, IBO did better than 83% of all other stocks.
- IBO has an average volume of 5385100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- IBO is an average performer in the Pharmaceuticals industry, it outperforms 66% of 192 stocks in the same industry.
- In the last month IBO has a been trading in the 0.42 - 0.78 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 Weekly and Daily overview Charts
IBO Setup Rating and Analysis
Besides having an excellent technical rating, IBO also presents a decent setup pattern. 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
IBO Support and Resistance Analysis
0.45
We found 3 important support areas.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.49 from a trend line in the daily time frame.
- Support @0.45 from a trend line in the weekly time frame.
IBO Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for IBO is up. |
| ChartMill Relative Strength | 83.07 | POSITIVE | IBO has a high relative strength, it outperformed 83.07% 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) | UP | POSITIVE | The current price of IBO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58 | NEUTRAL | The RSI value for IBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests IBO has a positive trend. |
| Stochastics (14,3) | 53.97 | NEUTRAL | The Stochastics value for IBO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.04 | HIGH VOLATILITY | The high ATR as a percentage value for IBO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.73 | POSITIVE | The high ADX value value for IBO suggests a strong trend. |
IBO Chart- and CandleStick Pattern Analysis
IBO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.70 | 0.55 | 0.15 (21.87%) | 4.57% |
| An entry @0.70. This is a Buy Stop order right above the 10 day high. | An exit @0.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 21.87%. | When investing 4.57% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IBO Technicals: Chart, Performance Metrics, Trend & Indicators
0.64
+0.05 (+8.36%)
IMPACT BIOMEDICAL INC / IBO TA FAQ
What is the ChartMill technical rating of IMPACT BIOMEDICAL INC (IBO) stock?
ChartMill assigns a technical rating of 9 / 10 to IBO.
Can you provide the trend direction for IMPACT BIOMEDICAL INC?
The current trend direction for IMPACT BIOMEDICAL INC (IBO) is Bullish.
What is the RSI signal for IMPACT BIOMEDICAL INC (IBO) stock?
IMPACT BIOMEDICAL INC (IBO) has an RSI value of 57.9992. This indicates that the stock is currently neutral.
Can you provide the short term momentum for IMPACT BIOMEDICAL INC?
The short term momentum for IMPACT BIOMEDICAL INC (IBO) is positive.
What is the support and resistance level for IBO stock?
IMPACT BIOMEDICAL INC (IBO) has a support level at 0.56. Check the full technical report for our detailed analysis of IBO support and resistance levels.