IBOTTA INC-CL A (IBTA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:IBTA - US4510511060 - Common Stock
Overall IBTA gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, IBTA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for IBTA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.81
We found 1 important support area.
- Support @21.02 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 22.74 to 22.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @23.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 25.16 to 25.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.78 from a trend line in the weekly time frame.
- Resistance @31.83 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 | 7.63 | NEGATIVE | IBTA has a low relative strength, it was outperformed by 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of IBTA is above a declining 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) | 46.56 | NEUTRAL | The RSI value for IBTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests IBTA has a positive trend. |
| Stochastics (14,3) | 81.1 | OVERBOUGHT | The high Stochastics value suggests IBTA may be overbought. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for IBTA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.34 | POSITIVE | The high ADX value value for IBTA suggests a strong trend. |
22.73
+0.4 (+1.79%)
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 0 / 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 Bearish.
What is the RSI signal for IBTA stock?
IBOTTA INC-CL A (IBTA) has an RSI value of 46.564. This indicates that the stock is currently neutral.
What is the short term momentum for IBOTTA INC-CL A (IBTA) stock?
The short term momentum for IBOTTA INC-CL A (IBTA) is negative.
What is the support and resistance level for IBTA stock?
IBOTTA INC-CL A (IBTA) has a support level at 21.02 and a resistance level at 22.74. Check the full technical report for our detailed analysis of IBTA support and resistance levels.