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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ)

Crossroads (+60) - IBBQ is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IBBQ?

MarketClub looks at technical strength and momentum to determine if the timing is right for IBBQ.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low IBBQ Price Change
22.3100 22.3100 22.1700 22.2072 -0.1228
Entry Signal

MarketClub’s Trade Triangles for IBBQ

long term down The long-term trend has been DOWN since Apr 4th, 2024 at 21.50

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 21.66

short term up The short-term trend has been UP since May 13th, 2024 at 21.97

Smart Scan Analysis for IBBQ

Based on our trend formula, IBBQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for IBBQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.3100 22.3100 22.1700 22.2072 -0.1228
Prev. Close Volume Bid Ask Time
22.2071 3140 2024-05-17 14:06:47
52wk High23.0252wk High Date2024-02-27
52wk Low18.1852wk Low Date2023-10-31
Average Volume10,646Shares Outstanding2,400
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