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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

iShares Biotechnology ETF (NASDAQ:IBB)

Bear Market Rally (-75) - IBB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IBB as it may be in the beginning of a reversal.

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.

NASDAQ_IBB
Open High Low IBB Price Change
129.02 129.55 128.68 129.28 +0.26
Entry Signal

MarketClub’s Trade Triangles for IBB

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 126.19

intermediate term down The intermediate-term trend has been DOWN since May 25th, 2023 at 127.46

short term up The short-term trend has been UP since Jun 2nd, 2023 at 127.33

Smart Scan Analysis for IBB

Based on our trend formula, IBB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IBB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
129.02 129.55 128.68 129.28 +0.26
Prev. Close Volume Bid Ask Time
128.98 0 2023-06-05 11:34:52
Year High122.97Year High Date2018-10-01
Year Low100.221Year Low Date2018-04-06
52wk High138.7452wk High Date2022-12-02
52wk Low104.2952wk Low Date2022-06-16
Year End Close137.22Average Volume1,461,719
Shares Outstanding65,050% Institutional71.8
Market Cap6,898MAssets22,642M
Liabilities4,278MBeta0.78
Volatility30.16
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