Overall IBOC gets a technical rating of 3 out of 10. IBOC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- IBOC is one of the lesser performing stocks in the Banks industry. 70% of 383 stocks in the same industry do better.
- IBOC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IBOC is lagging the market slightly.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, IBOC outperforms 51% of them, which is more or less in line with the market.
- In the last month IBOC has a been trading in the 65.45 - 72.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IBOC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 71.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 68.77, a Stop Loss order could be placed below this zone.
More info and screens
59.07
4 important support areas can be observed.
- A support zone ranging from 67.81 to 68.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.75 to 65.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.63 to 63.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @59.67 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 71.21 to 71.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 72.50 to 73.40. 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 IBOC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBOC is down. |
| ChartMill Relative Strength | 51.44 | NEUTRAL | IBOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IBOC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBOC is above the rising 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) | 48.65 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests IBOC has a negative trend. |
| Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for IBOC suggests a weak or negative trend. |
68.8
+0.45 (+0.66%)
INTERNATIONAL BANCSHARES CRP / IBOC FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL BANCSHARES CRP?
ChartMill assigns a technical rating of 3 / 10 to IBOC.
What is the current trend direction of INTERNATIONAL BANCSHARES CRP (IBOC) stock?
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 48.6453. This indicates that the stock is currently neutral.
What is the MACD signal for INTERNATIONAL BANCSHARES CRP (IBOC) stock?
The MACD indicator for INTERNATIONAL BANCSHARES CRP (IBOC) has a value of -0.0854548, indicating a bearish trend.