INSTALLED BUILDING PRODUCTS (IBP)

US45780R1014 - Common Stock

221.675  -2.91 (-1.3%)

Technical Rating and Analysis

7

Overall IBP gets a technical rating of 7 out of 10. In the last year, IBP was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month IBP has a been trading in the 218.41 - 263.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that IBP is one of the better performing stocks in the market, outperforming 94% of all stocks.
IBP is one of the better performing stocks in the Household Durables industry, it outperforms 94% of 68 stocks in the same industry.
IBP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so IBP is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
IBP Weekly chart
IBP Daily chart
Setup Rating and Analysis

3

Although IBP has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

105.91

226.85

3 important support areas can be observed.

  • Support @124.65 from a trend line in the weekly time frame.
  • Support @112.98 from a trend line in the weekly time frame.
  • Support @106.98 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 224.34 to 224.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.75
Mansfield2.89
10 Day High260.69
10 Day Low218.41
20 Day High263.76
20 Day Low218.41
52 Week High263.76
52 Week Low103.51
Performance
1 Week-7.52%
2 Weeks-10.68%
1 Month-8.98%
3 Month17.18%
6 Month102.66%
12 Month83.76%
2 Year179.1%
3 Year66.8%
5 Year367.6%
10 Year1514.59%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-4.7
RSI(14)34.74
LBB219.96
UBB269.49
IBP Daily chart

INSTALLED BUILDING PRODUCTS

NYSE:IBP (4/19/2024, 12:22:50 PM)

221.675

-2.91 (-1.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.3%
1 Week-7.52%
2 Weeks-10.68%
1 Month-8.98%
3 Month17.18%
6 Month102.66%
12 Month83.76%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.11
ATR(20)%3.71%
ATR Inc
Range Today5.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High260.69
10 Day Low218.41
20 Day High263.76
20 Day Low218.41
52 Week High263.76
52 Week Low103.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume84.31K
Volume Incr13.48%
Vol(5)305.76K
Vol(50)270.81K