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Stock Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
iShares Biotechnology ETF (NASDAQ:IBB)
Weak Downtrend (-65) - IBB is showing signs of a strengthening downtrend. Monitor IBB as it may be building momentum to the downside.
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 Nov 15th, 2024 at 137.97
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 140.16
The short-term trend has been DOWN since Dec 3rd, 2024 at 140.28
Smart Scan Analysis for IBB
Based on our trend formula, IBB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 139.99 | 141.42 | 139.52 | 140.97 | +0.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 140.96 | 0 | 2024-12-04 16:19:56 |
| Year High | 122.97 | Year High Date | 2018-10-01 |
| Year Low | 100.221 | Year Low Date | 2018-04-06 |
| 52wk High | 150.565 | 52wk High Date | 2024-09-19 |
| 52wk Low | 122.09 | 52wk Low Date | 2023-12-05 |
| Year End Close | 137.22 | Average Volume | 1,540,039 |
| Shares Outstanding | 65,050 | % Institutional | 71.8 |
| Market Cap | 6,898M | Assets | 22,642M |
| Liabilities | 4,278M | Beta | 0.78 |
| Volatility | 30.16 |