INTERNATIONAL BANCSHARES CRP (IBOC)

US4590441030 - Common Stock

53.28  +0.74 (+1.41%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to IBOC. In the last year, IBOC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month IBOC has a been trading in the 51.80 - 56.52 range, which is quite wide. It is currently trading near the lows of this range.
IBOC is one of the better performing stocks in the Banks industry, it outperforms 87% of 412 stocks in the same industry.
IBOC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IBOC is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that IBOC is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
IBOC Weekly chart
IBOC Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, IBOC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.67, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

40.60

56.71

3 important support areas can be observed.

  • A support zone ranging from 51.07 to 51.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @43.76 from a trend line in the weekly time frame.
  • Support @41.01 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 53.43 to 54.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 56.14 to 56.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.32
Mansfield0.07
10 Day High56.53
10 Day Low51.8
20 Day High56.53
20 Day Low51.8
52 Week High56.53
52 Week Low39.1
Performance
1 Week-1.26%
2 Weeks-4.37%
1 Month-4.87%
3 Month-0.61%
6 Month24.18%
12 Month25.24%
2 Year32.04%
3 Year10.87%
5 Year26.69%
10 Year128.83%
15 Year288.9%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.38
RSI(14)42.5
LBB51.22
UBB56.75
IBOC Daily chart

INTERNATIONAL BANCSHARES CRP

NASDAQ:IBOC (4/19/2024, 11:33:26 AM)

53.28

+0.74 (+1.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.41%
1 Week-1.26%
2 Weeks-4.37%
1 Month-4.87%
3 Month-0.61%
6 Month24.18%
12 Month25.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.23
ATR(20)%2.34%
ATR Inc
Range Today1.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56.53
10 Day Low51.8
20 Day High56.53
20 Day Low51.8
52 Week High56.53
52 Week Low39.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume75.74K
Volume Incr-24.44%
Vol(5)214.36K
Vol(50)241.94K