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Is IBP heading for a slide? 20 Day Moving Average Resistance shows up after climbing 1.35%
IBP closed up 1.35% on Wednesday, July 22nd, with volume running 0.8× below average. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 221.93, 218.78 & 216.89, with resistance at 226.98, 228.88 & 232.03.
Current SwingTradeBot Technical Rating of IBP: D
See all signals and full analysis for IBP on SwingTradeBot.com →
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