IBG
Innovation Beverage·NASDAQ
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1.52 / 10
Underperform
The technical composite score is 1.52/10, indicating a poor setup. Dominant bearish signals include Long Upper Shadow (score 1), Long Lower Shadow (score 2.55), and Bearish Engulfing (score 1). Historical back-tests reveal negative average returns for these patterns (e.g., -2.14% for Long Upper Shadow), and the recent indicator log (five days) shows three bearish occurrences with no bullish counters. The key insights highlight a weak market state and a need to watch for further declines. The technical deterioration aligns with the recent stock drop, amplifying downside risk.
Analysis Checks(0/3)
Long Upper Shadow
Score1/10
Win Rate36.08%
Hist. Signals97
Avg Return-2.14%
Score1/10
Win Rate36.08%
Hist. Signals97
Avg Return-2.14%
Bearish Engulfing
Score1/10
Win Rate11.11%
Hist. Signals9
Avg Return-8.14%
Score1/10
Win Rate11.11%
Hist. Signals9
Avg Return-8.14%
Long Lower Shadow
Score2.55/10
Win Rate40.31%
Hist. Signals129
Avg Return3.25%
Score2.55/10
Win Rate40.31%
Hist. Signals129
Avg Return3.25%
Long Upper Shadow
Score1/10
Win Rate36.08%
Hist. Signals97
Avg Return-2.14%
Score1/10
Win Rate36.08%
Hist. Signals97
Avg Return-2.14%
Long Lower Shadow
Score2.55/10
Win Rate40.31%
Hist. Signals129
Avg Return3.25%
Score2.55/10
Win Rate40.31%
Hist. Signals129
Avg Return3.25%
Bearish Engulfing
Score1/10
Win Rate11.11%
Hist. Signals9
Avg Return-8.14%
Score1/10
Win Rate11.11%
Hist. Signals9
Avg Return-8.14%
Technical Analysis of IBG?
- IBG presents a Underperform setup with a Technical Score of 1.52/10. Key technical indicators highlight an RSI of 37.03 and a MACD of 0.21, with the trend anchored by the 50-Day SMA at 9.13. Traders should monitor key support at 3.66 and resistance at 4.37.
