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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
iShares Biotechnology ETF (NASDAQ:IBB)
Long-Term Uptrend (+90) - IBB is in a strong uptrend that is likely to continue. While IBB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 24th, 2024 at 140.37
The intermediate-term trend has been UP since Jun 12th, 2024 at 138.76
The short-term trend has been UP since Jul 24th, 2024 at 146.32
Smart Scan Analysis for IBB
Based on our trend formula, IBB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 147.12 | 149.40 | 147.12 | 148.25 | +1.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 147.03 | 0 | 2024-07-26 16:19:57 |
| Year High | 122.97 | Year High Date | 2018-10-01 |
| Year Low | 100.221 | Year Low Date | 2018-04-06 |
| 52wk High | 149.27 | 52wk High Date | 2024-07-25 |
| 52wk Low | 111.83 | 52wk Low Date | 2023-10-31 |
| Year End Close | 137.22 | Average Volume | 1,427,068 |
| Shares Outstanding | 65,050 | % Institutional | 71.8 |
| Market Cap | 6,898M | Assets | 22,642M |
| Liabilities | 4,278M | Beta | 0.78 |
| Volatility | 30.16 |