USA - New York Stock Exchange - NYSE:IBP - US45780R1014 - Common Stock
We assign a technical rating of 10 out of 10 to IBP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IBP is showing a nice and steady performance.
Although IBP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
249.62
We found 3 important support areas.
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 IBP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBP is neutral. |
| ChartMill Relative Strength | 92.11 | POSITIVE | IBP has a high relative strength, it outperformed 92.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.4 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.75 | POSITIVE | The MACD value suggests IBP has a positive trend. |
| Stochastics (14,3) | 62.71 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 9.84 | NEGATIVE | The low ADX value for IBP suggests a weak or negative trend. |
296.43
+22.54 (+8.23%)
ChartMill assigns a technical rating of 10 / 10 to IBP.
The current trend direction for INSTALLED BUILDING PRODUCTS (IBP) is Bullish.
INSTALLED BUILDING PRODUCTS (IBP) has an RSI value of 65.3978. This indicates that the stock is currently neutral.
INSTALLED BUILDING PRODUCTS (IBP) has a support level at 270.32. Check the full technical report for our detailed analysis of IBP support and resistance levels.