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Stock Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
IB Acquisition Corp. - Right (NASDAQ:IBACR)
Long-Term Downtrend (-90) - IBACR is in a strong downtrend that is likely to continue. While IBACR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IBACR?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBACR.
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 IBACR
The long-term trend has been DOWN since Nov 20th, 2024 at 0.0700
The intermediate-term trend has been DOWN since Jan 14th, 2025 at 0.0513
The short-term trend has been DOWN since Jan 14th, 2025 at 0.0533
Smart Scan Analysis for IBACR
Based on our trend formula, IBACR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0550 | 0.0560 | 0.0550 | 0.0551 | -0.0072 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0623 | 994 | 2025-01-16 09:52:00 |
| 52wk High | 0.5862 | 52wk High Date | 2024-06-26 |
| 52wk Low | 0.035 | 52wk Low Date | 2024-11-25 |
| Average Volume | 6,800 | Shares Outstanding | 15,749 |