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USA Stock IBA Historical charts - Industrias Bachoco, S.A. de C.V.

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

Moving Averages for

  • 5Day Average: 55.15
  • 12Day Average: 58.88
  • 20Day Average: 60.25
  • 50Day Average: 57.36
  • 100Day Average: 54.23
  • 150Day Average: 52.56

IBA Indicators & signals

Indicator MACD (12,26,9)

57.62, 58.51, 0.38
Indicator MACD is in negative zone

Indicator ADX (14)

46.55, 14.49, 39.72
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of IBA are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Apr 2023 53.00 51.45 to 53.99 -1.82% 2.33 times
20 Thu Apr 2023 53.98 53.80 to 54.44 -1.5% 2.02 times
19 Wed Apr 2023 54.80 54.50 to 56.00 -2.61% 1.08 times
18 Tue Apr 2023 56.27 55.99 to 57.00 -2.48% 0.73 times
17 Mon Apr 2023 57.70 57.60 to 58.43 -3.5% 1.53 times
14 Fri Apr 2023 59.79 59.79 to 61.64 -1.29% 0.38 times
13 Thu Apr 2023 60.57 60.01 to 61.00 -0.88% 0.49 times
12 Wed Apr 2023 61.11 61.11 to 62.29 -2.58% 0.7 times
11 Tue Apr 2023 62.73 61.33 to 62.75 -0.41% 0.98 times
10 Mon Apr 2023 62.99 62.25 to 62.99 1.24% 0.49 times
06 Thu Apr 2023 62.22 61.47 to 63.24 1.35% 1.6 times
05 Wed Apr 2023 61.39 60.00 to 63.96 -0.15% 1.15 times

Technical analysis forecast for IBA Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT IBA IBA at this time. Stock is falling and might fall more.

It appears as if IBA IBA gave a large move recently.

Stock of IBA (IBA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of IBA is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if IBA stays below 55.1, but if it comes above 55.1, then a intra day buy could be more profitable.
If you take a sell trade below 55.1, then use 55.1 as stoploss and 51 as target. However if you take a buy trade in IBA, then use 55.1 as stoploss and 58.45 as target.

Tomorrow's movement Prediction of IBA appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of IBA is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of IBA is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 58.19

Munafa value: 20

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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USA Stock IBA Historical charts - Share Industrias Bachoco, S.A. de C.V.

 

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