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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ)
Long-Term Downtrend (-90) - IBBQ is in a strong downtrend that is likely to continue. While IBBQ 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 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.
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MarketClub’s Trade Triangles for IBBQ
The long-term trend has been DOWN since Nov 15th, 2024 at 22.61
The intermediate-term trend has been DOWN since Nov 15th, 2024 at 23.22
The short-term trend has been DOWN since Dec 11th, 2024 at 22.87
Smart Scan Analysis for IBBQ
Based on our trend formula, IBBQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.790 | 21.751 | 21.720 | 21.730 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.820 | 2956 | 2024-12-24 12:18:15 |
| 52wk High | 24.84 | 52wk High Date | 2024-09-19 |
| 52wk Low | 20.14 | 52wk Low Date | 2024-04-19 |
| Average Volume | 11,522 | Shares Outstanding | 2,400 |