Interactive Brokers Group Stock Forecast
Green day on Monday for Interactive Brokers Group
(Updated on Apr 22, 2024)
The Interactive Brokers Group stock price gained 1.41% on the last trading day (Monday, 22nd Apr 2024), rising from $111.55 to $113.12. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.72% from a day low at $111.85 to a day high of $113.77. The price has been going up and down for this period, and there has been a -1.09% loss for the last 2 weeks. Volume fell on the last day by -65 thousand shares and in total, 921 thousand shares were bought and sold for approximately $104.20 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 22.75% during the next 3 months and, with a 90% probability hold a price between $133.47 and $146.56 at the end of this 3-month period.
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IBKR Signals & Forecast
A sell signal was issued from a pivot top point on Wednesday, April 03, 2024, and so far it has fallen -1.43%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Some positive signals were issued as well, and these may have some influence on the near short-term development. The Interactive Brokers Group stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $110.21 and $110.32. A breakdown below any of these levels will issue sell signals. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Interactive Brokers Group stock
Interactive Brokers Group finds support from accumulated volume at $109.23 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.92 between high and low, or 1.72%. For the last week the stock has had daily average volatility of 2.75%.
Our recommended stop-loss: $108.87 (-3.76%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 13 days ago.)
Trading Expectations (IBKR) For The Upcoming Trading Day Of Tuesday 23rd
For the upcoming trading day on Tuesday, 23rd we expect Interactive Brokers Group to open at $112.91, and during the day (based on 14 day Average True Range), to move between $110.51 and $115.73, which gives a possible trading interval of +/-$2.61 (+/-2.31%) up or down from last closing price. If Interactive Brokers Group takes out the full calculated possible swing range there will be an estimated 4.61% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $113.50 (0.34%) than the support at $109.23 (3.44%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is Interactive Brokers Group stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
Current score: 3.015 Buy Candidate Unchanged
Predicted Opening Price for Interactive Brokers Group of Tuesday, April 23, 2024
| Fair opening price April 23, 2024 | Current price |
|---|---|
| $112.91 ( 0.183%) | $113.12 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for IBKR
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 114.83 | 1.51 % | |
| R2 | 114.10 | 0.87 % | ||
| R1 | 113.65 | 0.466 % | ||
| Current price: | 113.12 | |||
| Support | S1 | 112.18 | -0.83 % | |
| S2 | 111.73 | -1.23 % | ||
| S3 | 110.99 | -1.88 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 114.76 | 1.45 % | |
| R2 | 114.47 | 1.19 % | ||
| R1 | 113.50 | 0.336 % | ||
| Current price | 113.12 | |||
| Support | S1 | 109.23 | -3.44% | |
| S2 | 107.39 | -5.07% | ||
| S3 | 96.13 | -15.02% |
IBKR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 31, 2024 | May 31, 2024 | Jun 14, 2024 | $0.250 | 0.221% |
| 2 | Feb 29, 2024 | Feb 29, 2024 | Mar 14, 2024 | $0.100 | 0.0927% |
| 3 | Oct 17, 2023 | Nov 30, 2023 | Dec 14, 2023 | $0.100 | 0.123% |
| 4 | Jul 18, 2023 | Aug 31, 2023 | Sep 14, 2023 | $0.100 | 0.108% |
| 5 | Apr 18, 2023 | May 31, 2023 | Jun 14, 2023 | $0.100 | 0.125% |
FAQ
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