INSTALLED BUILDING PRODUCTS (IBP) Stock Technical Analysis
NYSE:IBP - New York Stock Exchange, Inc. - US45780R1014 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to IBP. Although IBP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
IBP is part of the Household Durables industry. There are 63 other stocks in this industry. IBP outperforms 83% of them.
In the last month IBP has a been trading in the 182.88 - 213.79 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, IBP did better than 76% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
IBP has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
156.08
261.32
5 important support areas can be observed.
- Support @195.31 from a trend line in the daily time frame.
- A support zone ranging from 182.52 to 184.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.10 from a trend line in the daily time frame.
- Support @162.93 from a trend line in the weekly time frame.
- Support @157.66 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @258.73 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for IBP is up. |
| ChartMill Relative Strength | 76.05 | POSITIVE | IBP has a high relative strength, it outperformed 76.05% 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) | DOWN | MIXED | The current price of IBP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.07 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests IBP has a positive trend. |
| Stochastics (14,3) | 87.95 | OVERBOUGHT | The high Stochastics value suggests IBP may be overbought. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for IBP suggests a possible start of a new trend. |
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)
213
+6.5 (+3.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.15%
1 Week3.42%
2 Weeks14.68%
1 Month11.1%
3 Month32.33%
6 Month17.04%
12 Month-0.03%
2 Year47.17%
3 Year135.2%
5 Year145.34%
10 Year697.16%
15 YearN/A
Volatility
ATR(14)7.68
ATR(20)%3.55%
ATR Inc-2.26%
Range Today7.84
ADR(20)7.3
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.05
Mansfield0.17
10 Day High213.79
10 Day Low188.93
20 Day High213.79
20 Day Low182.88
52 Week High259.59
52 Week Low150.83
CS1 End195.31
CR1 Start258.73
Volume & EV
DER(3)0.96%
DER(5)-0.27%
Volume394.55K
Volume Incr16%
Vol(5)502.18K
Vol(50)453.07K