Taking everything into account, IBOC scores 2 out of 10 in our technical rating. IBOC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
IBOC 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 66.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.12, a Stop Loss order could be placed below this zone.
More info and screens
58.78
We found 3 important support areas.
- A support zone ranging from 65.43 to 66.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.63 to 63.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @59.37 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.55 to 68.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 73.40 to 73.40. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for IBOC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBOC is neutral. |
| ChartMill Relative Strength | 26.92 | NEGATIVE | IBOC has a low relative strength, it was outperformed by 73.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.78 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests IBOC has a positive trend. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.87 | NEGATIVE | The low ADX value for IBOC suggests a weak or negative trend. |
66.48
-0.02 (-0.03%)
INTERNATIONAL BANCSHARES CRP / IBOC FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL BANCSHARES CRP?
ChartMill assigns a technical rating of 2 / 10 to IBOC.
Can you provide the trend direction for INTERNATIONAL BANCSHARES CRP?
The current trend direction for INTERNATIONAL BANCSHARES CRP (IBOC) is Bearish.
Can you provide the RSI signal for INTERNATIONAL BANCSHARES CRP?
INTERNATIONAL BANCSHARES CRP (IBOC) has an RSI value of 50.7796. This indicates that the stock is currently neutral.
What is the support and resistance level for IBOC stock?
INTERNATIONAL BANCSHARES CRP (IBOC) has a support level at 66.12 and a resistance level at 66.55. Check the full technical report for our detailed analysis of IBOC support and resistance levels.