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Index Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

iShares Biotechnology ETF (NASDAQ:IBB)

Sidelines Mode (+55) - IBB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
128.77 128.77 127.22 127.74 -1.03
Entry Signal

MarketClub’s Trade Triangles for IBB

long term up The long-term trend has been UP since Aug 3rd, 2022 at 127.12

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 119.65

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 131.09

Smart Scan Analysis for IBB

Based on our trend formula, IBB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IBB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.77 128.77 127.22 127.74 -1.03
Prev. Close Volume Bid Ask Time
127.65 0 2022-08-19 16:19:47
Year High122.97Year High Date2018-10-01
Year Low100.221Year Low Date2018-04-06
52wk High176.0252wk High Date2021-09-02
52wk Low104.2952wk Low Date2022-06-16
Year End Close137.22Average Volume1,721,909
Shares Outstanding65,050% Institutional71.8
Market Cap6,898MAssets22,642M
Liabilities4,278MBeta0.78
Volatility30.16
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