Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
iShares Nasdaq Biotechnology Index Fund (NASDAQ:IBB)
Weak Uptrend (+65) - IBB is showing signs of weakening momentum to the upside. Monitor IBB as it may be in the beginning stages 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.
MarketClub’s Trade Triangles for IBB
The long-term trend has been UP since Nov 1st, 2019 at 108.120
The intermediate-term trend has been UP since Feb 5th, 2020 at 122.921
The short-term trend has been DOWN since Feb 24th, 2020 at 121.369
Smart Scan Analysis for IBB
Based on our trend formula, IBB is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||122.97||Year High Date||2018-10-01|
|Year Low||100.221||Year Low Date||2018-04-06|
|52wk High||123.74||52wk High Date||2019-12-24|
|52wk Low||96.03||52wk Low Date||2019-10-02|
|Year End Close||137.22||Average Volume||2,687,475|
|Shares Outstanding||87,900||% Institutional||71.8|