INTERNATIONAL BANCSHARES CRP (IBOC) Technical Analysis
NASDAQ:IBOC • US4590441030
Current stock price
IBOC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to IBOC. 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. 69% of 380 stocks in the same industry do better.
- In the last month IBOC has a been trading in the 64.22 - 69.42 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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 61% of all stocks.
- 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.
IBOC Weekly and Daily overview Charts
IBOC Setup Rating and Analysis
Although the technical rating is bad, IBOC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 67.81, a Stop Loss order could be placed below this zone.
More info and screens
IBOC Support and Resistance Analysis
58.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 64.75 to 67.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.54 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- 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 | 61.08 | NEUTRAL | IBOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBOC is above 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) | UP | MIXED | The current price of IBOC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.33 | NEUTRAL | The RSI value for IBOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests IBOC has a positive trend. |
| Stochastics (14,3) | 62.74 | NEUTRAL | The Stochastics value for IBOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for IBOC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for IBOC suggests a weak or negative trend. |
IBOC Chart- and CandleStick Pattern Analysis
IBOC Technicals: Chart, Performance Metrics, Trend & Indicators
68.26
+0.49 (+0.72%)
INTERNATIONAL BANCSHARES CRP / IBOC TA FAQ
Can you provide the ChartMill technical rating for INTERNATIONAL BANCSHARES CRP?
ChartMill assigns a technical rating of 3 / 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.
What is the RSI signal for IBOC stock?
INTERNATIONAL BANCSHARES CRP (IBOC) has an RSI value of 52.3277. This indicates that the stock is currently neutral.
Can you provide the short term momentum for INTERNATIONAL BANCSHARES CRP?
The short term momentum for INTERNATIONAL BANCSHARES CRP (IBOC) is neutral.
Can you provide the support and resistance levels for INTERNATIONAL BANCSHARES CRP?
INTERNATIONAL BANCSHARES CRP (IBOC) has a support level at 67.81 and a resistance level at 72.68. Check the full technical report for our detailed analysis of IBOC support and resistance levels.