IBKR Forms Flat Base in Stage 2 Uptrend, Pivot at $97.41

Posted on by Eben@CANSLIM Research
IBKR daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

Interactive Brokers (IBKR) is consolidating in a five-week flat base after a strong advance, with the stock holding above its rising 30-week moving average. The pattern is technically sound, showing an 11.7% depth and a pivot at $97.41, while the broader trend template passes seven of eight checks. Overall sentiment is bullish, with the offensive setup supported by price action near highs and a 53.5% gain off the 52-week low.

Technical Analysis

As of 2026-08-14 · Close $92.06

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 4.73%)

Detected Patterns — What the Market Is Watching

  • Flat Base — depth 11.7%, length 5 weeks, pivot $97.41. Base formed from 2026-07-15 (left-side high) to 2026-08-14, with the low of $86.02 set on 2026-08-06

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