INTERNATIONAL BANCSHARES CRP (IBOC) Stock Technical Analysis
USA - NASDAQ:IBOC - US4590441030 - Common Stock
Overall IBOC gets a technical rating of 2 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 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 68.28, a Stop Loss order could be placed below this zone.
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58.34
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.83 to 68.28. 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.
- Support @58.93 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- 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 | 55.37 | NEUTRAL | IBOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IBOC is above a declining 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) | 52.66 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests IBOC has a positive trend. |
| Stochastics (14,3) | 57.04 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.81 | NEGATIVE | The low ADX value for IBOC suggests a weak or negative trend. |
68.35
+1.76 (+2.64%)
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 52.6626. 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 68.28 and a resistance level at 71.21. Check the full technical report for our detailed analysis of IBOC support and resistance levels.