INTERNATIONAL BANCSHARES CRP (IBOC)

US4590441030 - Common Stock

56.26  +0.09 (+0.16%)

After market: 56.26 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to IBOC. Both in the recent history as in the last year, IBOC has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that IBOC is one of the better performing stocks in the market, outperforming 82% of all stocks.
IBOC is one of the better performing stocks in the Banks industry, it outperforms 86% of 411 stocks in the same industry.
IBOC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so IBOC is leading the market.
In the last month IBOC has a been trading in the 51.80 - 56.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
IBOC Weekly chart
IBOC Daily chart
Setup Rating and Analysis

7

Although IBOC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

40.60

56.83

We found 5 important support areas.

  • A support zone ranging from 53.60 to 54.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @52.59 from a trend line in the daily time frame.
  • 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 @43.82 from a trend line in the weekly time frame.
  • Support @41.01 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 56.27 to 56.27. 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
CRS82.05
Mansfield0.63
10 Day High56.55
10 Day Low51.8
20 Day High56.55
20 Day Low51.8
52 Week High56.55
52 Week Low39.1
Performance
1 Week7.82%
2 Weeks5.69%
1 Month4.46%
3 Month3.57%
6 Month30.99%
12 Month31.85%
2 Year41.39%
3 Year18.72%
5 Year35.66%
10 Year145.04%
15 Year316.43%
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)0.22
RSI(14)61.76
LBB51.07
UBB57.23
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
56.2851.794.49 (7.98%)12.53%
An entry @56.28. This is a Buy Stop order right above the resistance zone.An exit @51.79. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 4.49 points, which is 7.98%.When investing 12.53% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IBOC Daily chart

INTERNATIONAL BANCSHARES CRP

NASDAQ:IBOC (4/24/2024, 7:08:49 PM)

After market: 56.26 0 (0%)

56.26

+0.09 (+0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.16%
1 Week7.82%
2 Weeks5.69%
1 Month4.46%
3 Month3.57%
6 Month30.99%
12 Month31.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.31
ATR(20)%2.36%
ATR Inc
Range Today1.07
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 High56.55
10 Day Low51.8
20 Day High56.55
20 Day Low51.8
52 Week High56.55
52 Week Low39.1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume186.80K
Volume Incr6.65%
Vol(5)237.68K
Vol(50)249.46K