Tibco Software (TIBX) Stock Technical Analysis
NASDAQ:TIBX • US88632Q1031
We assign a technical rating of 8 out of 10 to TIBX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TIBX is only an average performer.
- The long and short term trends are both positive. This is looking good!
- TIBX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TIBX is lagging the market slightly.
- TIBX has an average volume of 7091920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, TIBX outperforms 62% of them, which is more or less in line with the market.
- In the last month TIBX has a been trading in a tight range between 23.44 and 24.11.
- Volume is considerably higher in the last couple of days.
Although TIBX has an excellent technical rating, it does not offer a high 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
18.81
4 important support areas can be observed.
- A support zone ranging from 23.46 to 23.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.82 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.76 from a trend line in the weekly time frame.
- A support zone ranging from 19.00 to 19.36. 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 24.04 to 24.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 TIBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIBX is up. |
| ChartMill Relative Strength | 62.77 | NEUTRAL | TIBX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TIBX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIBX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.86 | OVERBOUGHT | The high RSI value suggests TIBX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests TIBX has a negative trend. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for TIBX suggests low volalility. |
24.03
+0.03 (+0.12%)
Tibco Software / TIBX FAQ
What is the technical rating for TIBX stock?
ChartMill assigns a technical rating of 8 / 10 to TIBX.
What is the trend direction for TIBX stock?
The current trend direction for Tibco Software (TIBX) is Bullish.
What is the RSI signal for TIBX stock?
Tibco Software (TIBX) has an RSI value of 70.8587. This indicates that the stock is currently overbought.
What is the short term momentum for Tibco Software (TIBX) stock?
The short term momentum for Tibco Software (TIBX) is positive.
What is the buy/sell signal for Tibco Software (TIBX) stock?
The buy/sell signal for Tibco Software (TIBX) is buy as both the short term and long term trends are positive.