INSTALLED BUILDING PRODUCTS (IBP) Technical Analysis
NYSE:IBP • US45780R1014
Current stock price
290.21 USD
+1.66 (+0.58%)
At close:
290.21 USD
0 (0%)
After Hours:
IBP Technical Rating and Analysis
Taking everything into account, IBP scores 7 out of 10 in our technical rating. IBP was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that IBP is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by IBP over the past year are nicely spread over this period.
- IBP is part of the Household Durables industry. There are 60 other stocks in this industry. IBP outperforms 93% of them.
- IBP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBP is lagging the market.
- In the last month IBP has a been trading in the 259.52 - 322.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IBP Weekly and Daily overview Charts
IBP Setup Rating and Analysis
Besides having an excellent technical rating, IBP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 273.06, a Stop Loss order could be placed below this zone.
More info and screens
IBP Support and Resistance Analysis
254.96
317.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 272.55 to 273.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 263.90 to 264.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 257.54 to 258.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 290.22 to 291.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 299.74 to 302.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @309.09 from a trend line in the daily time frame.
- Resistance @314.40 from a horizontal line in the daily time frame.
IBP 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 | 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 | 85.64 | POSITIVE | IBP has a high relative strength, it outperformed 85.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IBP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBP is below a declining 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) | 49.58 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests IBP has a negative trend. |
| Stochastics (14,3) | 21.92 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for IBP suggests a weak or negative trend. |
IBP Chart- and CandleStick Pattern Analysis
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)
IBP 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 291.14 | 282.39 | 8.75 (3.01%) | 25.00% |
| An entry @291.14. This is a Buy Stop order right above the resistance zone. | An exit @282.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.75 points, which is 3.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of IBP. 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.
IBP Technicals: Chart, Performance Metrics, Trend & Indicators
290.21
+1.66 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.58%
1 Week-4.09%
2 Weeks-2.5%
1 Month8%
3 Month0.72%
6 Month16.91%
12 Month69.79%
2 Year36.99%
3 Year177.61%
5 Year144.7%
10 Year768.11%
15 YearN/A
Volatility
ATR(14)11.49
ATR(20)%4%
ATR Inc-29.52%
Range Today8.6
ADR(20)10.44
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.64
3 months CRS52.7
6 months CRS80.65
Mansfield0.54
10 Day High322.96
10 Day Low282.4
20 Day High322.96
20 Day Low259.52
52 Week High349
52 Week Low150.83
CS1 End273.06
CR1 Start290.22
Volume & EV
DER(3)1.61%
DER(5)-0.36%
Volume364.10K
Volume Incr-11.13%
Vol(5)275.25K
Vol(50)347.35K
INSTALLED BUILDING PRODUCTS / IBP TA FAQ
Can you provide the ChartMill technical rating for INSTALLED BUILDING PRODUCTS?
ChartMill assigns a technical rating of 7 / 10 to IBP.
What is the current trend direction of INSTALLED BUILDING PRODUCTS (IBP) stock?
The current trend direction for INSTALLED BUILDING PRODUCTS (IBP) is Bullish.
What is the RSI signal for IBP stock?
INSTALLED BUILDING PRODUCTS (IBP) has an RSI value of 49.5792. This indicates that the stock is currently neutral.
What is the short term momentum for IBP stock?
The short term momentum for INSTALLED BUILDING PRODUCTS (IBP) is neutral.