Free Point and Figure charts Industrias Bachoco, S.A. De C.V. IBA share USA Stock Exchange

Stock IBA - Share Industrias Bachoco, S.A. De C.V. trades in USA under Consumer Non Durables Deals in Meat Poultry Fish

Daily Support: 50.96
Daily Resistance: 53.5
5 Day Moving Average is 55.15
20 Day Moving Average is 63.18

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Fri 21 Apr 2023	-1.82%	53.99	53.00	53.99	51.45	0.61 times
Thu 20 Apr 2023	-1.5%	54.40	53.98	54.44	53.80	0.53 times
Wed 19 Apr 2023	-2.61%	55.79	54.80	56.00	54.50	0.28 times
Tue 18 Apr 2023	-2.48%	57.00	56.27	57.00	55.99	0.19 times
Mon 17 Apr 2023	-3.5%	57.60	57.70	58.43	57.60	0.4 times
Fri 14 Apr 2023	-1.29%	60.14	59.79	61.64	59.79	0.1 times
Thu 13 Apr 2023	-0.88%	61.00	60.57	61.00	60.01	0.13 times
Wed 12 Apr 2023	-2.58%	62.28	61.11	62.29	61.11	0.18 times
Tue 11 Apr 2023	-0.41%	62.75	62.73	62.75	61.33	0.26 times
Mon 10 Apr 2023	1.24%	62.99	62.99	62.99	62.25	0.13 times

Point & Figure Charts for Industrias Bachoco, S.A. De C.V. IBA

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Industrias Bachoco, S.A. De C.V. IBA and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Industrias Bachoco, S.A. De C.V. IBA stock.