IBOTTA INC-CL A (IBTA) Stock Technical Analysis
NYSE:IBTA - New York Stock Exchange, Inc. - US4510511060 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to IBTA. IBTA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than IBTA.
In the last month IBTA has a been trading in the 45.14 - 62.74 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
IBTA is an average performer in the Media industry, it outperforms 44% of 98 stocks in the same industry.
IBTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so IBTA is lagging the market.
The technical rating of IBTA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
44.69
77.66
We found 1 important support area.
- A support zone ranging from 45.14 to 45.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 49.86 to 50.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.59 from a trend line in the weekly time frame.
- Resistance @56.28 from a trend line in the daily time frame.
- Resistance @70.92 from a trend line in the daily time frame.
- Resistance @76.89 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 | DOWN | NEGATIVE | The short term trend for IBTA is down. |
| ChartMill Relative Strength | 19.35 | NEGATIVE | IBTA has a low relative strength, it was outperformed by 80.65% 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 | MIXED | The current price of IBTA is below 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) | 37.53 | NEUTRAL | The RSI value for IBTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.8 | NEGATIVE | The MACD value suggests IBTA has a negative trend. |
| Stochastics (14,3) | 1.4 | OVERSOLD | The low Stochastics value suggests IBTA may be oversold. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for IBTA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.22 | NEGATIVE | The low ADX value for IBTA suggests a weak or negative 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)
45.15
-1.29 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.78%
1 Week-6.66%
2 Weeks-9.05%
1 Month-9.63%
3 Month19.22%
6 Month-38.69%
12 Month-41.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%6.13%
ATR Inc40.97%
Range Today1.79
ADR(20)2.48
ADR(20)%5.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.35
Mansfield-2.85
10 Day High50.5
10 Day Low45.14
20 Day High62.74
20 Day Low45.14
52 Week High79.8
52 Week Low31.4
CS1 End45.14
CR1 Start49.86
Volume & EV
DER(3)-3.67%
DER(5)-2.53%
Volume298.20K
Volume Incr-25.21%
Vol(5)314.04K
Vol(50)391.75K