INSTALLED BUILDING PRODUCTS (IBP) Stock Technical Analysis
NYSE:IBP - US45780R1014 - Common Stock
261.82 USD
-1.57 (-0.6%)
261.82 USD
0 (0%)
Overall IBP gets a technical rating of 9 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!
IBP is part of the Household Durables industry. There are 63 other stocks in this industry. IBP outperforms 95% 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 205.95 - 278.74 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that IBP is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, IBP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 261.81, 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
163.02
279.66
When analyzing the support we can see 3 important areas.
- A support zone ranging from 257.78 to 261.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @214.69 from a trend line in the daily time frame.
- Support @164.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 273.09 to 276.89. 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 | 89.95 | POSITIVE | IBP has a high relative strength, it outperformed 89.95% 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) | 60.73 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.29 | NEGATIVE | The MACD value suggests IBP has a negative trend. |
| Stochastics (14,3) | 51.51 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 48.07 | POSITIVE | The high ADX value value for IBP suggests a strong 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)
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 |
|---|---|---|---|
| 268.04 | 259.04 | 9.00 (3.36%) | 25.00% |
| An entry @268.04. This is a Buy Stop order right above the 10 day moving average. | An exit @259.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 9.00 points, which is 3.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
- The distance between exit and entry is rather small compared to the average daily movement of IBP. Please evaluate whether better entry and exit points can be found.
- 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.
261.82
-1.57 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.6%
1 Week-4.12%
2 Weeks-2.02%
1 Month26.79%
3 Month64.17%
6 Month52.75%
12 Month17.77%
2 Year80.9%
3 Year189.11%
5 Year201.57%
10 Year879.87%
15 YearN/A
Volatility
ATR(14)9
ATR(20)%4.18%
ATR Inc-15.87%
Range Today4.9
ADR(20)9.72
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.95
Mansfield2.14
10 Day High278.74
10 Day Low259.05
20 Day High278.74
20 Day Low205.95
52 Week High278.74
52 Week Low150.83
CS1 End261.81
CR1 Start273.09
Volume & EV
DER(3)-4.26%
DER(5)-2.89%
Volume244.90K
Volume Incr-17.77%
Vol(5)537.18K
Vol(50)536.21K