INSTALLED BUILDING PRODUCTS (IBP) Technical Analysis
NYSE:IBP • US45780R1014
Current stock price
IBP Technical Rating and Analysis
Overall IBP gets a technical rating of 4 out of 10. Although IBP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month IBP has a been trading in the 252.58 - 310.71 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, IBP did better than 81% of all other stocks. We also observe that the gains produced by IBP over the past year are nicely spread over this period.
- IBP is one of the better performing stocks in the Household Durables industry, it outperforms 94% of 60 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- IBP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IBP is lagging the market slightly.
IBP Weekly and Daily overview Charts
IBP Setup Rating and Analysis
IBP has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 268.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 258.94, a Stop Loss order could be placed below this zone.
More info and screens
IBP Support and Resistance Analysis
254.96
We found 1 important support area.
- A support zone ranging from 257.54 to 258.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 268.72 to 275.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 299.58 to 300.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
IBP Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for IBP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for IBP is down. |
| ChartMill Relative Strength | 81.28 | POSITIVE | IBP has a high relative strength, it outperformed 81.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBP is below a declining 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) | 42.02 | NEUTRAL | The RSI value for IBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests IBP has a positive trend. |
| Stochastics (14,3) | 41.6 | NEUTRAL | The Stochastics value for IBP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.65 | MEDIUM VOLATILITY | The ATR as a percentage value for IBP suggests some volalility. |
| Average Directional Index/ADX (14) | 41.13 | POSITIVE | The high ADX value value for IBP suggests a strong trend. |
IBP Chart- and CandleStick Pattern Analysis
IBP Technicals: Chart, Performance Metrics, Trend & Indicators
268.71
-4.48 (-1.64%)
INSTALLED BUILDING PRODUCTS / IBP TA FAQ
Can you provide the ChartMill technical rating for INSTALLED BUILDING PRODUCTS?
ChartMill assigns a technical rating of 4 / 10 to IBP.
What is the current trend direction of INSTALLED BUILDING PRODUCTS (IBP) stock?
The current trend direction for INSTALLED BUILDING PRODUCTS (IBP) is Bearish.
What is the RSI signal for IBP stock?
INSTALLED BUILDING PRODUCTS (IBP) has an RSI value of 42.016. This indicates that the stock is currently neutral.
What is the short term momentum for IBP stock?
The short term momentum for INSTALLED BUILDING PRODUCTS (IBP) is negative.