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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ)

Weak Downtrend (-65) - IBBQ is showing signs of a strengthening downtrend. Monitor IBBQ as it may be building momentum to the downside.

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.

NASDAQ_IBBQ
Open High Low IBBQ Price Change
23.2400 23.2626 23.1000 23.2200 -0.0200
Entry Signal

MarketClub’s Trade Triangles for IBBQ

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 22.610

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 23.220

short term up The short-term trend has been UP since Nov 21st, 2024 at 22.125

Smart Scan Analysis for IBBQ

Based on our trend formula, IBBQ is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for IBBQ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.2400 23.2626 23.1000 23.2200 -0.0200
Prev. Close Volume Bid Ask Time
23.2000 6001 2024-12-02 15:55:52
52wk High24.8452wk High Date2024-09-19
52wk Low19.617252wk Low Date2023-12-04
Average Volume11,177Shares Outstanding2,400
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