IBOTTA INC-CL A (IBTA) Technical Analysis
NYSE:IBTA • US4510511060
Current stock price
IBTA Technical Rating and Analysis
Taking everything into account, IBTA scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, IBTA is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- IBTA is one of the better performing stocks in the Media industry, it outperforms 78% of 91 stocks in the same industry.
- IBTA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When comparing the yearly performance of all stocks, we notice that IBTA is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- 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.
IBTA Weekly and Daily overview Charts
IBTA Setup Rating and Analysis
IBTA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.96, a Stop Loss order could be placed below this zone.
More info and screens
IBTA Support and Resistance Analysis
34.61
We found 1 important support area.
- A support zone ranging from 34.96 to 34.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.26 to 36.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
IBTA 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 | UP | POSITIVE | The long term trend for IBTA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IBTA is up. |
| ChartMill Relative Strength | 76.41 | POSITIVE | IBTA has a high relative strength, it outperformed 76.41% 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) | UP | POSITIVE | The current price of IBTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IBTA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.32 | NEUTRAL | The RSI value for IBTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests IBTA has a negative trend. |
| Stochastics (14,3) | 73.23 | NEUTRAL | The Stochastics value for IBTA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for IBTA suggests some volalility. |
| Average Directional Index/ADX (14) | 57.56 | POSITIVE | The high ADX value value for IBTA suggests a strong trend. |
IBTA Chart- and CandleStick Pattern Analysis
IBTA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.13 | 34.95 | 1.18 (3.27%) | 25.00% |
| An entry @36.13. This is a Buy Stop order right above the resistance zone. | An exit @34.95. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.18 points, which is 3.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%. |
- The distance between exit and entry is rather small compared to the average daily movement of IBTA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
IBTA Technicals: Chart, Performance Metrics, Trend & Indicators
35.14
-0.06 (-0.17%)
IBOTTA INC-CL A / IBTA TA FAQ
What is the ChartMill technical rating of IBOTTA INC-CL A (IBTA) stock?
ChartMill assigns a technical rating of 8 / 10 to IBTA.
Can you provide the trend direction for IBOTTA INC-CL A?
The current trend direction for IBOTTA INC-CL A (IBTA) is Bullish.
What is the RSI signal for IBOTTA INC-CL A (IBTA) stock?
IBOTTA INC-CL A (IBTA) has an RSI value of 66.3212. This indicates that the stock is currently neutral.
What is the MACD signal for IBTA stock?
The MACD indicator for IBOTTA INC-CL A (IBTA) has a value of -0.315174, indicating a bearish trend.
What is the buy/sell signal for IBOTTA INC-CL A (IBTA) stock?
The buy/sell signal for IBOTTA INC-CL A (IBTA) is buy as both the short term and long term trends are positive.