NASDAQ trade advice (B): US investment banking stock | 5-6% gain | USA stock trading idea on 18 Sep 2024

Stock Market
NASDAQ, United States of America

Target hit. Trade closed.

NASDAQ: IBKR

18 Sep 2024
25 Sep 2024
30 Sep 2024
9 days
Loss per
100,000 USD
Stop-loss
126
Buy Advice
18 Sep 2024
129 – 131
Target 1
25 Sep 2024
137
Target 2
30 Sep 2024
139
Profit per
100,000 USD
9 days
7,502
126
129 – 131
137
139
7,502
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Interactive Brokers Group
  • 129 – 131
  • 137 – 139
  • Below 126
  • 5% – 6%
  • 12 - 14 Days
  • Buy Interactive Brokers Group
  • Buy
    Range
    129 – 131
  • Target 137 – 139
  • Stoploss Below 126
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Interactive Brokers Group (NASDAQ: IBKR) - Stock Overview

  • NASDAQ code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • IBKR
  • Interactive Brokers Group
  • Investment Banking
  • 130.907
  • 72.6
  • NASDAQ code IBKR
  • Stock Name Interactive Brokers Group
  • Sector Investment Banking
  • 52 Weeks High 130.907
  • 52 Weeks Low 72.6
  • Company profile

    Interactive Brokers Group, Inc. stands out as a leading automated electronic broker on a global scale. The firm specializes in the execution, clearance, and settlement of a diverse range of trades, including stocks, options, futures, foreign exchange, bonds, mutual funds, exchange-traded funds (ETFs), precious metals, and cryptocurrencies. Additionally, it provides custodial and servicing solutions for hedge funds, mutual funds, ETFs, registered investment advisors, proprietary trading groups, introducing brokers, and individual investors. The company also extends its offerings to include custody, prime brokerage, securities, and margin lending services. With a commitment to serving both institutional and individual clients, Interactive Brokers operates through electronic exchanges and market centers. Established in 1977, the company is proudly headquartered in Greenwich, Connecticut.

  • Interactive Brokers Group (NASDAQ: IBKR) vs NASDAQ  - Relative Strength Comparison

    The image compares Interactive Brokers Group's 1-year performance to NASDAQ.
    Relative Performance - Last 1 Year
    IBKR —   NASDAQ —

  • Interactive Brokers Group (NASDAQ: IBKR) - Technical Analysis (Daily)

    Interactive Brokers Group - Technical Analysis chart on Daily Price and Volume
    Interactive Brokers Group - Technical Analysis chart on Daily Price and Volume

    • The daily chart indicates that the stock price is exhibiting a general upward trend.
    • During this upward movement, the price encountered resistance near the $95 mark, subsequently entered a phase of consolidation that resulted in the formation of a Rounding Bottom pattern.
    • After breaking out, the stock price experienced a significant increase; however, it met another considerable resistance around the $129 level, lea to a subsequent decline.
    • This drop brought the price down to the $106 level, where it found support and began to recover.
    • Following a period of consolidation, the stock price ultimately developed an Inverted Head & Shoulders pattern.
    • Recently, with a new breakout, the price is poised for further upward movement.
  • Interactive Brokers Group (NASDAQ: IBKR) - RSI Indicator

    Interactive Brokers Group stock analysis based on RSI indicator
    Interactive Brokers Group - RSI indicator

    • Current RSI of this stock is 66.73, which indicates the strength of buyers.

  • Interactive Brokers Group (NASDAQ: IBKR) - MACD Indicator

    Interactive Brokers Group stock analysis based on MACD indicator
    Interactive Brokers Group - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Interactive Brokers Group (NASDAQ: IBKR) - EMA Crossover

    Interactive Brokers Group stock analysis based on EMA Crossover
    Interactive Brokers Group - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Interactive Brokers Group (NASDAQ: IBKR) Stock Price Forcast

    Based on our short term trading plan in US stocks, Interactive Brokers Group stock price target will be USD 137 - USD 139 in the next 12-14 trading sessions.

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