INSTALLED BUILDING PRODUCTS (IBP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IBP - US45780R1014 - Common Stock
Overall IBP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, IBP is showing a nice and steady performance.
- 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 88% of all stocks.
- IBP is part of the Household Durables industry. There are 60 other stocks in this industry. IBP outperforms 98% of them.
- 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.
- In the last month IBP has a been trading in the 252.00 - 317.86 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.
More info and screens
252.98
We found 2 important support areas.
- Support @268.09 from a trend line in the daily time frame.
- A support zone ranging from 255.54 to 258.94. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for IBP is up. |
| ChartMill Relative Strength | 88.14 | POSITIVE | IBP has a high relative strength, it outperformed 88.14% 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) | 53.11 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.72 | NEGATIVE | The MACD value suggests IBP has a negative trend. |
| Stochastics (14,3) | 55.03 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.88 | NEGATIVE | The low ADX value for IBP suggests a weak or negative trend. |
292.67
-1.29 (-0.44%)
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 53.1141. 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 268.09. Check the full technical report for our detailed analysis of IBP support and resistance levels.