IBOTTA INC-CL A (IBTA) Stock Technical Analysis
USA - NYSE:IBTA - US4510511060 - Common Stock
31.09 USD
+2.73 (+9.63%)
31.5 USD
+0.41 (+1.32%)
Overall IBTA gets a technical rating of 2 out of 10. IBTA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than IBTA.
IBTA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month IBTA has a been trading in the 27.81 - 35.23 range, which is quite wide. It is currently trading near the lows of this range.
IBTA is part of the Media industry. There are 95 other stocks in this industry, IBTA did better than 55% of them.
The technical rating of IBTA is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.21
35.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.21 to 28.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.85 from a trend line in the daily time frame.
- Support @25.46 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.14 to 31.16. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 32.91 to 32.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 34.26 to 34.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.09 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 | DOWN | NEGATIVE | The long term trend for IBTA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IBTA is neutral. |
| ChartMill Relative Strength | 18.78 | NEGATIVE | IBTA has a low relative strength, it was outperformed by 81.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IBTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IBTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of IBTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.42 | NEUTRAL | The RSI value for IBTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests IBTA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19 | OVERSOLD | The low Stochastics value suggests IBTA may be oversold. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for IBTA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.74 | NEUTRAL | The ADX value for IBTA suggests a possible start of a new 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)
31.09
+2.73 (+9.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg9.63%
1 Week1.37%
2 Weeks-11.37%
1 Month-0.1%
3 Month28.95%
6 Month-45.46%
12 Month-53.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%4.47%
ATR Inc71.21%
Range Today2.99
ADR(20)1.35
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.78
3 months CRS90.86
6 months CRS4.92
Mansfield-4.1
10 Day High35.03
10 Day Low27.81
20 Day High35.23
20 Day Low27.81
52 Week High76.99
52 Week Low22.5
CS1 End28.21
CR1 Start31.14
Volume & EV
DER(3)2.42%
DER(5)2.73%
Volume498.90K
Volume Incr17.31%
Vol(5)326.04K
Vol(50)343.46K
IBOTTA INC-CL A / IBTA FAQ
What is the ChartMill technical rating of IBOTTA INC-CL A (IBTA) stock?
ChartMill assigns a technical rating of 2 / 10 to IBTA.
What is the current trend direction of IBOTTA INC-CL A (IBTA) stock?
The current trend direction for IBOTTA INC-CL A (IBTA) is Bearish.
What is the RSI signal for IBTA stock?
IBOTTA INC-CL A (IBTA) has an RSI value of 51.4154. This indicates that the stock is currently neutral.
What is the short term momentum for IBTA stock?
The short term momentum for IBOTTA INC-CL A (IBTA) is neutral.