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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

iShares Biotechnology ETF (NASDAQ:IBB)

Long-Term Downtrend (-90) - IBB is in a strong downtrend that is likely to continue. While IBB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open High Low IBB Price Change
120.64 120.64 118.73 119.31 -1.33
Entry Signal

MarketClub’s Trade Triangles for IBB

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 126.19

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 126.37

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 121.88

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).

Smart Scan Analysis for IBB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.64 120.64 118.73 119.31 -1.33
Prev. Close Volume Bid Ask Time
120.64 0 2023-10-03 16:19:02
Year High122.97Year High Date2018-10-01
Year Low100.221Year Low Date2018-04-06
52wk High138.7452wk High Date2022-12-02
52wk Low116.0552wk Low Date2022-10-13
Year End Close137.22Average Volume1,540,888
Shares Outstanding65,050% Institutional71.8
Market Cap6,898MAssets22,642M
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