NYSE:IBP - New York Stock Exchange, Inc. - US45780R1014 - Common Stock - Currency: USD
Overall IBP gets a technical rating of 0 out of 10. IBP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
IBP has a bad technical rating, but it does show 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 155.37, a Stop Loss order could be placed below this zone.
152.44
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for IBP is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBP is down. |
ChartMill Relative Strength | 22.45 | NEGATIVE | IBP has a low relative strength, it was outperformed by 77.55% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBP is below a declining 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) | DOWN | NEGATIVE | The current price of IBP is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 40.27 | NEUTRAL | The RSI value for IBP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests IBP has a negative trend. |
Stochastics (14,3) | 16.33 | OVERSOLD | The low Stochastics value suggests IBP may be oversold. |
Average True Range in percent/ATR (20) | 4.68 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
Average Directional Index/ADX (14) | 8.96 | NEGATIVE | The low ADX value for IBP suggests a weak or negative trend. |
155.38
+1.39 (+0.9%)