Logo image of IBIT.CA

Interbit Ltd. (IBIT.CA) Stock Technical Analysis

TSX-V:IBIT - TSX Venture Exchange -

0.19  +0.04 (+26.67%)

Technical Rating and Analysis

0

Taking everything into account, IBIT scores 0 out of 10 in our technical rating. IBIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

77% of all other stocks performed better in the past year than IBIT.
IBIT is currently making a new 52 week low. This is a very bad signal. IBIT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month IBIT has a been trading in the 0.15 - 0.39 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Weekly and Daily overview Charts
Interbit Ltd. / IBIT Weekly stock chart
Interbit Ltd. / IBIT Daily stock chart
Setup Rating and Analysis

3

The technical rating of IBIT is bad and it also does not present a 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.

Support and Resistance Analysis

0.16

0.36

When analyzing the support we notice one important area.

  • Support @0.16 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.25 from a trend line in the daily time frame.
  • Resistance @0.36 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.7
Mansfield-4.8
10 Day High0.35
10 Day Low0.15
20 Day High0.39
20 Day Low0.15
52 Week High1.75
52 Week Low0.15
Performance
1 Week11.76%
2 Weeks-29.63%
1 Month-50.65%
3 Month-9.52%
6 Month-51.28%
12 Month-84.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)44.61
LBB0.13
UBB0.34
Interbit Ltd. / IBIT Daily stock chart

Interbit Ltd.

TSX-V:IBIT (3/19/2020, 6:19:06 PM)

0.19

+0.04 (+26.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg26.67%
1 Week11.76%
2 Weeks-29.63%
1 Month-50.65%
3 Month-9.52%
6 Month-51.28%
12 Month-84.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%23.55%
ATR Inc-30.63%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.7
Mansfield-4.8
10 Day High0.35
10 Day Low0.15
20 Day High0.39
20 Day Low0.15
52 Week High1.75
52 Week Low0.15
CS1 End0.16
CR1 Start0.24
Volume & EV
DER(3)-5.42%
DER(5)17.07%
Volume7.63K
Volume Incr-9.26%
Vol(5)72.21K
Vol(50)83.77K