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(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.

Daily charts

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Daily chart
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