INTERNATIONAL BANCSHARES CRP (IBOC) Stock Technical Analysis
USA - NASDAQ:IBOC - US4590441030 - Common Stock
69.77 USD
-1.18 (-1.66%)
69.77 USD
0 (0%)
We assign a technical rating of 5 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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.
When comparing the performance of all stocks over the past year, IBOC turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
IBOC is an average performer in the Banks industry, it outperforms 58% of 392 stocks in the same industry.
In the last month IBOC has a been trading in the 68.23 - 73.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
IBOC has only a medium 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 69.15, a Stop Loss order could be placed below this zone.
More info and screens
57.91
74.13
3 important support areas can be observed.
- A support zone ranging from 67.81 to 69.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.70 to 62.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.49 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 69.95 to 71.10. 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 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 | UP | POSITIVE | The long term trend for IBOC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBOC is neutral. |
| ChartMill Relative Strength | 66.28 | 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) | DOWN | NEGATIVE | The current price of IBOC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IBOC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.37 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests IBOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.46 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for IBOC suggests a weak or negative trend. |
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)
69.77
-1.18 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.66%
1 Week-1.18%
2 Weeks-2.53%
1 Month1.32%
3 Month10.71%
6 Month9.98%
12 Month13.34%
2 Year60.98%
3 Year64.16%
5 Year167.73%
10 Year178.75%
15 Year313.09%
Volatility
ATR(14)1.43
ATR(20)%2.16%
ATR Inc22.22%
Range Today1.38
ADR(20)1.45
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.28
Mansfield-0.45
10 Day High71.95
10 Day Low68.23
20 Day High73.58
20 Day Low68.23
52 Week High76.91
52 Week Low54.11
CS1 End69.15
CR1 Start69.95
Volume & EV
DER(3)-0.36%
DER(5)-0.78%
Volume744.40K
Volume Incr61.08%
Vol(5)323.32K
Vol(50)216.99K