INTERNATIONAL BANCSHARES CRP (IBOC)

US4590441030 - Common Stock

71.95  +0.24 (+0.33%)

After market: 71.95 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, IBOC scores 10 out of 10 in our technical rating. 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 84% of all stocks. On top of that, IBOC also shows a nice and consistent pattern of rising prices.
IBOC is one of the better performing stocks in the Banks industry, it outperforms 77% of 405 stocks in the same industry.
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.
IBOC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
IBOC Weekly chart
IBOC Daily chart
Setup Rating and Analysis

7

IBOC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for IBOC in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

55.58

74.13

When analyzing the support we can see 5 important areas.

  • Support @69.90 from a horizontal line in the daily time frame.
  • A support zone ranging from 67.08 to 67.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @61.66 from a trend line in the weekly time frame.
  • A support zone ranging from 58.94 to 59.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 56.14 to 56.19. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 72.13 to 73.40. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS84.42
Mansfield0.8
10 Day High76.91
10 Day Low71.1
20 Day High76.91
20 Day Low69.01
52 Week High76.91
52 Week Low48.62
Performance
1 Week-1.61%
2 Weeks0.4%
1 Month2.84%
3 Month20.18%
6 Month31.56%
12 Month47.59%
2 Year57.23%
3 Year69.73%
5 Year67.05%
10 Year171.1%
15 Year280.49%
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)-0.43
RSI(14)56.78
LBB69.68
UBB74.98
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
73.4171.092.32 (3.16%)25.00%
An entry @73.41. This is a Buy Stop order right above the resistance zone.An exit @71.09. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.32 points, which is 3.16%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%.

  • The distance between exit and entry is rather small compared to the average daily movement of IBOC. Please evaluate whether better entry and exit points can be found.
  • 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 (12/6/2024, 8:00:01 PM)

After market: 71.95 0 (0%)

71.95

+0.24 (+0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.33%
1 Week-1.61%
2 Weeks0.4%
1 Month2.84%
3 Month20.18%
6 Month31.56%
12 Month47.59%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.81
ATR(20)%2.61%
ATR Inc
Range Today1.2
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 High76.91
10 Day Low71.1
20 Day High76.91
20 Day Low69.01
52 Week High76.91
52 Week Low48.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume128.30K
Volume Incr-27.37%
Vol(5)183.44K
Vol(50)199.44K