(IBP) Investment Analysis and Advice

Longer Term Trading Plans for IBP

• Buy IBP slightly over 253.14 target 289.6 stop loss @ 252.41 Details

The technical summary data tells us to buy IBP near 253.14 with an upside target of 289.6. This data also tells us to set a stop loss @ 252.41 to protect against excessive loss in case the stock begins to move against the trade. 253.14 is the first level of support below 262.17 , and by rule, any test of support is a buy signal. In this case, support 253.14 is being tested, a buy signal would exist.

• Short IBP slightly under 289.6, target 253.14, stop loss @ 290.44 Details

The technical summary data is suggesting a short of IBP as it gets near 289.6 with a downside target of 253.14. We should have a stop loss in place at 290.44though. 289.6 is the first level of resistance above 262.17, and by rule, any test of resistance is a short signal. In this case, if resistance 289.6 is being tested, a short signal would exist.

Swing Trading Plans for IBP

• Buy IBP slightly over 275.23, target 289.6, Stop Loss @ 274.44 Details

If 275.23 begins to break higher, the technical summary data tells us to buy IBP just slightly over 275.23, with an upside target of 289.6. The data also tells us to set a stop loss @ 274.44 in case the stock turns against the trade. 275.23 is the first level of resistance above 262.17, and by rule, any break above resistance is a buy signal. In this case, 275.23, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short IBP slightly near 275.23, target 260.84, Stop Loss @ 276.02. Details

The technical summary data is suggesting a short of IBP if it tests 275.23 with a downside target of 260.84. We should have a stop loss in place at 276.02 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 275.23, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for IBP

• Buy IBP slightly over 272.13, target 275.23, Stop Loss @ 271.5 Details

If 272.13 begins to break higher, the technical summary data tells us to buy IBP just slightly over 272.13, with an upside target of 275.23. The data also tells us to set a stop loss @ 271.5 in case the stock turns against the trade. 272.13 is the first level of resistance above 262.17, and by rule, any break above resistance is a buy signal. In this case, 272.13, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short IBP slightly near 272.13, target 260.84, Stop Loss @ 272.76. Details

The technical summary data is suggesting a short of IBP if it tests 272.13 with a downside target of 260.84. We should have a stop loss in place at 272.76 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 272.13, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Installed Building Products Inc. (IBP) available here: IBP.

IBP Ratings for August 01:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	217.61
P2	272.13	260.84	253.14
P3	280.11	275.23	289.6

AI Generated Signals for IBP

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