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Stock Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
Invesco Nasdaq Biotechnology ETF (NASDAQ:IBBQ)
Bear Market Rally (-75) - IBBQ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IBBQ as it may be in the beginning of a reversal.
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 UP since Jan 15th, 2025 at 21.65
Smart Scan Analysis for IBBQ
Based on our trend formula, IBBQ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.3700 | 21.7300 | 21.3700 | 21.6062 | +0.3962 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.2100 | 2428 | 2025-01-15 15:39:28 |
| 52wk High | 24.84 | 52wk High Date | 2024-09-19 |
| 52wk Low | 20.14 | 52wk Low Date | 2024-04-19 |
| Average Volume | 10,989 | Shares Outstanding | 2,400 |