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'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, IBTA is a bad performer in the overall market: 94% of all stocks are doing better.
IBTA is part of the Media industry. There are 98 other stocks in this industry, of which 72% are performing better than IBTA.
IBTA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month IBTA has a been trading in the 34.69 - 41.14 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.
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
35.61
70.22
4 important resistance areas can be observed.
- A resistance zone ranging from 40.07 to 41.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.78 from a trend line in the weekly time frame.
- Resistance @48.35 from a trend line in the daily time frame.
- Resistance @69.52 from a trend 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 | 6.93 | NEGATIVE | IBTA has a low relative strength, it was outperformed by 93.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IBTA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of IBTA is below a declining 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) | 38.68 | NEUTRAL | The RSI value for IBTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IBTA has a negative trend. |
| Stochastics (14,3) | 7.57 | OVERSOLD | The low Stochastics value suggests IBTA may be oversold. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for IBTA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for IBTA 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)
35.97
+1.24 (+3.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.57%
1 Week-6.03%
2 Weeks-5.96%
1 Month2.01%
3 Month-25.51%
6 Month-49.34%
12 Month-31.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%3.85%
ATR Inc10.82%
Range Today1.27
ADR(20)1.35
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.93
Mansfield-4.01
10 Day High41.14
10 Day Low34.69
20 Day High41.14
20 Day Low34.69
52 Week High79.8
52 Week Low31.4
CS1 EndN/A
CR1 Start40.07
Volume & EV
DER(3)1.14%
DER(5)0.83%
Volume215.80K
Volume Incr-16.58%
Vol(5)289.58K
Vol(50)335.71K