INSTALLED BUILDING PRODUCTS (IBP) Technical Analysis
NYSE:IBP • US45780R1014
Overall IBP gets a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that IBP is one of the better performing stocks in the market, outperforming 92% of all stocks.
- IBP is one of the better performing stocks in the Household Durables industry, it outperforms 98% of 60 stocks in the same industry.
- IBP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IBP is lagging the market slightly.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- In the last month IBP has a been trading in the 296.65 - 349.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
IBP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 307.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
280.90
When analyzing the support we can see 2 important areas.
- A support zone ranging from 300.73 to 307.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 283.74 to 288.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.21 | POSITIVE | IBP has a high relative strength, it outperformed 92.21% 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) | UP | POSITIVE | The current price of IBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.43 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests IBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.41 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for IBP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.92 | 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 |
|---|---|---|---|
| 333.32 | 300.72 | 32.59 (9.78%) | 10.23% |
| An entry @333.31. This is a Buy Stop order right above the 10 day high. | An exit @300.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 32.59 points, which is 9.78%. | When investing 10.23% 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.
IBP Technicals: Chart, Performance Metrics, Trend & Indicators
327.97
+2.18 (+0.67%)
INSTALLED BUILDING PRODUCTS / IBP FAQ
Can you provide the ChartMill technical rating for INSTALLED BUILDING PRODUCTS?
ChartMill assigns a technical rating of 10 / 10 to IBP.
Can you provide the trend direction for INSTALLED BUILDING PRODUCTS?
The current trend direction for INSTALLED BUILDING PRODUCTS (IBP) is Bullish.
What is the RSI signal for INSTALLED BUILDING PRODUCTS (IBP) stock?
INSTALLED BUILDING PRODUCTS (IBP) has an RSI value of 56.4288. This indicates that the stock is currently neutral.
What is the buy/sell signal for INSTALLED BUILDING PRODUCTS (IBP) stock?
The buy/sell signal for INSTALLED BUILDING PRODUCTS (IBP) is buy as both the short term and long term trends are positive.
What is the support and resistance level for IBP stock?
INSTALLED BUILDING PRODUCTS (IBP) has a support level at 307.23. Check the full technical report for our detailed analysis of IBP support and resistance levels.