(IBA) Industrias Bachoco complete technical analysis [charts+indicators] | Buy/Sell Industrias Bachoco | (IBA) share price targets
Complete technical analysis of Industrias Bachoco (IBA) by charts plus indicators, forecast predictions and share price targets for Industrias Bachoco (IBA)
Industrias Bachoco trades in USA in Consumer Non Durables sector.
10 day averaged volume of Industrias Bachoco is 2870
Date | Daily Closing Price | Open | High | Low | Volume |
21 Fri Apr 2023 | 53.00 | 53.99 | 53.99 | 51.45 | 2.334 times |
20 Thu Apr 2023 | 53.98 | 54.40 | 54.44 | 53.80 | 2.021 times |
19 Wed Apr 2023 | 54.80 | 55.79 | 56.00 | 54.50 | 1.08 times |
18 Tue Apr 2023 | 56.27 | 57.00 | 57.00 | 55.99 | 0.732 times |
17 Mon Apr 2023 | 57.70 | 57.60 | 58.43 | 57.60 | 1.533 times |
14 Fri Apr 2023 | 59.79 | 60.14 | 61.64 | 59.79 | 0.383 times |
13 Thu Apr 2023 | 60.57 | 61.00 | 61.00 | 60.01 | 0.488 times |
12 Wed Apr 2023 | 61.11 | 62.28 | 62.29 | 61.11 | 0.697 times |
11 Tue Apr 2023 | 62.73 | 62.75 | 62.75 | 61.33 | 0.976 times |
10 Mon Apr 2023 | 62.99 | 62.99 | 62.99 | 62.25 | 0.488 times |
Stock of Industrias Bachoco (IBA) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 52.8, for a target of 56.9 or 60.25
Share price targets for Industrias Bachoco (IBA)
Target Type | Value |
Downside Target | 48.97 |
Downside Target | 51.41 |
Upside Target | 53.54 |
Upside Target | 55.33 |
Upside Target | 58.43 |
Upside Target | 59.79 |
Upside Target | 60.00 |
Upside Target | 60.60 |
Upside Target | 62.99 |
Upside Target | 66.25 |
Intraday share price targets for Industrias Bachoco (IBA)
Target Type | Value |
Downside Intraday Target | 50.16 |
Downside Intraday Target | 47.31 |
Upside Intraday Target | 57.14 |
Upside Intraday Target | 61.27 |
Upside Intraday Target | 54.29 |
Weekly technical analysis of Industrias Bachoco (IBA)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Fri Apr 2023 | 53.00 | 57.60 | 58.43 | 51.45 | 2.54 times |
14 Fri Apr 2023 | 59.79 | 62.99 | 62.99 | 59.79 | 0.426 times |
06 Thu Apr 2023 | 62.22 | 66.25 | 66.25 | 60.00 | 0.494 times |
31 Fri Mar 2023 | 66.25 | 60.00 | 66.25 | 59.79 | 2.118 times |
24 Fri Mar 2023 | 59.08 | 55.33 | 60.60 | 55.33 | 0.131 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Industrias Bachoco (IBA)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Fri Apr 2023 | 53.00 | 66.25 | 66.25 | 51.45 | 0.196 times |
31 Fri Mar 2023 | 66.25 | 53.60 | 66.25 | 49.11 | 2.695 times |
28 Tue Feb 2023 | 53.30 | 52.15 | 53.85 | 50.00 | 1.063 times |
31 Tue Jan 2023 | 52.23 | 50.83 | 53.54 | 50.20 | 0.671 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Industrias Bachoco (IBA)
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Industrias Bachoco stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Industrias Bachoco in short term and the sell signal is strong.
Industrias Bachoco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Industrias Bachoco in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Industrias Bachoco is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.71 and Industrias Bachoco (IBA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Industrias Bachoco (IBA) stock. Volume based technical analysis of Industrias Bachoco (IBA) stock is negative.
Industrias Bachoco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Industrias Bachoco ( (IBA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Industrias Bachoco stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Industrias Bachoco in short term and the sell signal is strong.
Industrias Bachoco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Industrias Bachoco in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Industrias Bachoco is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.71 and Industrias Bachoco (IBA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Industrias Bachoco (IBA) stock. Volume based technical analysis of Industrias Bachoco (IBA) stock is negative.
Industrias Bachoco Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.