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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
iShares Biotechnology ETF (NASDAQ:IBB)
Sidelines Mode (-55) - IBB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IBB?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for IBB
The long-term trend has been DOWN since Apr 5th, 2024 at 131.31
The intermediate-term trend has been DOWN since Mar 20th, 2024 at 134.64
The short-term trend has been UP since Apr 29th, 2024 at 128.90
Smart Scan Analysis for IBB
Based on our trend formula, IBB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 130.70 | 134.06 | 130.70 | 132.98 | +2.28 |
| Prev. Close | Volume | Bid | Ask | Time |
| 132.96 | 0 | 2024-05-03 16:19:36 |
| Year High | 122.97 | Year High Date | 2018-10-01 |
| Year Low | 100.221 | Year Low Date | 2018-04-06 |
| 52wk High | 141.16 | 52wk High Date | 2024-02-27 |
| 52wk Low | 111.83 | 52wk Low Date | 2023-10-31 |
| Year End Close | 137.22 | Average Volume | 1,713,941 |
| Shares Outstanding | 65,050 | % Institutional | 71.8 |
| Market Cap | 6,898M | Assets | 22,642M |
| Liabilities | 4,278M | Beta | 0.78 |
| Volatility | 30.16 |