INSTALLED BUILDING PRODUCTS (IBP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IBP - US45780R1014 - Common Stock
Overall IBP gets a technical rating of 8 out of 10. Both in the recent history as in the last year, IBP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, IBP also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 259.54, a Stop Loss order could be placed below this zone.
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232.78
We found 4 important support areas.
- A support zone ranging from 257.60 to 259.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @248.48 from a trend line in the daily time frame.
- Support @239.19 from a horizontal line in the weekly time frame.
- A support zone ranging from 235.13 to 235.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 266.98 to 276.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @285.09 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for IBP is neutral. |
| ChartMill Relative Strength | 87.39 | POSITIVE | IBP has a high relative strength, it outperformed 87.39% 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) | 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) | 50.4 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests IBP has a negative trend. |
| Stochastics (14,3) | 16.34 | OVERSOLD | The low Stochastics value suggests IBP may be oversold. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for IBP suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 276.89 | 257.59 | 19.30 (6.97%) | 14.35% |
| An entry @276.89. This is a Buy Stop order right above the resistance zone. | An exit @257.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 19.30 points, which is 6.97%. | When investing 14.35% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
265.12
+6.18 (+2.39%)
INSTALLED BUILDING PRODUCTS / IBP FAQ
Can you provide the ChartMill technical rating for INSTALLED BUILDING PRODUCTS?
ChartMill assigns a technical rating of 8 / 10 to IBP.
What is the trend direction for IBP stock?
The current trend direction for INSTALLED BUILDING PRODUCTS (IBP) is Bullish.
Can you provide the RSI signal for INSTALLED BUILDING PRODUCTS?
INSTALLED BUILDING PRODUCTS (IBP) has an RSI value of 50.3957. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INSTALLED BUILDING PRODUCTS?
The MACD indicator for INSTALLED BUILDING PRODUCTS (IBP) has a value of -1.18704, indicating a bearish trend.
Can you provide the short term momentum for INSTALLED BUILDING PRODUCTS?
The short term momentum for INSTALLED BUILDING PRODUCTS (IBP) is neutral.