INTERNATIONAL BANCSHARES CRP (IBOC) Technical Analysis
NASDAQ:IBOC • US4590441030
Current stock price
IBOC Technical Rating and Analysis
Taking everything into account, IBOC scores 2 out of 10 in our technical rating. 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. 63% of 380 stocks in the same industry do better.
- In the last month IBOC has a been trading in the 64.22 - 73.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When compared to the yearly performance of all other stocks, IBOC outperforms 53% of them, which is more or less in line with the market.
- IBOC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBOC is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
IBOC Weekly and Daily overview Charts
IBOC Setup Rating and Analysis
IBOC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 67.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.17, a Stop Loss order could be placed below this zone.
More info and screens
IBOC Support and Resistance Analysis
58.84
We found 2 important support areas.
- A support zone ranging from 64.75 to 67.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.43 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 67.66 to 69.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.68 to 73.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 74.58 to 74.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
IBOC Technical Indicator Signal Analysis
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 | 53.77 | NEUTRAL | IBOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBOC is below 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 | MIXED | The current price of IBOC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests IBOC has a positive trend. |
| Stochastics (14,3) | 54.7 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for IBOC suggests a possible start of a new trend. |
IBOC Chart- and CandleStick Pattern Analysis
IBOC Technicals: Chart, Performance Metrics, Trend & Indicators
67.61
+0.96 (+1.44%)
INTERNATIONAL BANCSHARES CRP / IBOC TA FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL BANCSHARES CRP?
ChartMill assigns a technical rating of 2 / 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 46.5025. 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 0.0538414, indicating a bearish trend.