USA - NYSE:IBTA - US4510511060 - Common Stock
We assign a technical rating of 3 out of 10 to IBTA. Recently some decent action could be observed, but in the medium term time frame this is still negative. IBTA was also a bad performer in the overall market in the last year.
IBTA has a poor technical rating and the quality of the setup is also not perfect 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.
25.21
3 important support areas can be observed.
We can see 3 important resistance areas.
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 | UP | POSITIVE | The short term trend for IBTA is up. |
ChartMill Relative Strength | 6.87 | NEGATIVE | IBTA has a low relative strength, it was outperformed by 93.13% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IBTA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of IBTA is above 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) | 69.69 | NEUTRAL | The RSI value for IBTA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests IBTA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 89.85 | OVERBOUGHT | The high Stochastics value suggests IBTA may be overbought. |
Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for IBTA suggests some volalility. |
Average Directional Index/ADX (14) | 26.03 | POSITIVE | The high ADX value value for IBTA suggests a strong trend. |
31.96
+0.51 (+1.62%)