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Stock Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)

Sidelines Mode (-55) - IBA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IBA?

MarketClub looks at technical strength and momentum to determine if the timing is right for IBA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low IBA Price Change
44.850 45.035 44.315 44.315 -0.265
Entry Signal

MarketClub’s Trade Triangles for IBA

long term up The long-term trend has been UP since Mar 28th, 2022 at 43.65

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 45.74

short term up The short-term trend has been UP since Jun 22nd, 2022 at 43.31

Smart Scan Analysis for IBA

Based on our trend formula, IBA is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IBA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.850 45.035 44.315 44.315 -0.265
Prev. Close Volume Bid Ask Time
44.140 10777 2022-06-28 14:40:08
Year High64.44Year High Date2018-01-26
Year Low38.61Year Low Date2018-11-23
52wk High48.1152wk High Date2022-06-06
52wk Low36.9852wk Low Date2022-03-07
Year End Close27.92Average Volume21,742
Shares Outstanding49,692Short Interest36,435
% Institutional7.1Market Cap2,758M
P/E Ratio107.6812Beta0.65
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