International Bancshares Corporation (IBOC)

International Bancshares Corporation is trading at $72.45, down 0.95% on the session. The 50 day average sits at $75.41 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 40.9, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $72.82 with resistance near $73.72, so that band frames the current range. Average daily movement is roughly $1.39, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 43 out of 100 combines a trend score of 32, momentum of 27 and a risk score of 84.

International Bancshares Corporation, a multibank financial holding company, engages in the provision of commercial and retail banking services in Texas and the State of Oklahoma. The company accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. It also provides international banking services, including letters of credit, commercial and industrial loans, and foreign exchange services. In addition, it offers other banking related services, such as credit cards, safety deposit boxes, collections, escrow, drive up and walk up facilities, and other customary banking services; and internet and mobile banking services, as well as securities products through third party providers. The company offers its banking services through ATM network and retail locations in shopping malls and other places. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.