Why International Bancshares Corporation ($IBOC) Is Acting Slightly Strange (2019-10-22)

REPORTING FOR 2019-10-22 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how IBOC has been trading over the last 2 weeks and the past day especially. On its latest session, International Bancshares Corporation ($IBOC) opened at 40.41, reaching a high of 40.95 and a low of 40.29 before closing at a price of 40.29. There was a total volume of 185788.

VOLUME INDICATORS FOR INTERNATIONAL BANCSHARES CORPORATION ($IBOC): We saw an accumulation-distribution index of 122.826, an on-balance volume of -39.84, chaikin money flow of 1.44444 and a force index of 0.4653. There was an ease of movement rating of 0.01011, a volume-price trend of 4.15934 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR INTERNATIONAL BANCSHARES CORPORATION ($IBOC): We noted an average true range of 0.51854, bolinger bands of 41.08537, an upper bollinger band of 38.62463, lower bollinger band of 40.29, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 40.55, high band keltner channel of 40.01, low band keltner channel of 41.09, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 40.29, a donchian channel low band of 40.29, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR INTERNATIONAL BANCSHARES CORPORATION ($IBOC): We calculated a Moving Average Convergence Divergence (MACD) of -0.01952, a MACD signal of -0.01084, a MACD difference of -0.00868, a fast Exponential Moving Average (EMA) indicator of 40.29, a slow Exponential Moving Average (EMA) indicator of 40.29, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.80639, a trix of 8.6142, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -3.76244, a KST Oscillator (KST) of 103.00265 and a KST Oscillator (KST Signal) of 103.00265 (leaving a KST difference of -5.95441). We also found an Ichimoku rating of 40.68, an Ichimoku B rating of 40.68, a Ichimoku visual trend A of 37.29307, an Ichimoku visual trend B of 37.21445, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR INTERNATIONAL BANCSHARES CORPORATION ($IBOC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.90916, a stochastic oscillator of 122.22222, a stochastic oscillator signal of 122.22222, a Williams %R rating of 22.22222 and an awesome oscillator of -0.23567.

RETURNS FOR INTERNATIONAL BANCSHARES CORPORATION ($IBOC): There was a daily return of 10.30027, a daily log return of -2.183 and a cumulative return of -2.15934.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-22 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for International Bancshares Corporation ($IBOC)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling International Bancshares Corporation ($IBOC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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