Stock Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
ETF Series Solutions (NASDAQ:IBIT)
Countertrend Up (+85) - IBIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid IBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for IBIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IBIT
The long-term trend has been UP since Nov 9th, 2022 at 27.76
The intermediate-term trend has been UP since Nov 9th, 2022 at 27.76
The short-term trend has been UP since Nov 16th, 2022 at 28.44
Smart Scan Analysis for IBIT
Based on our trend formula, IBIT is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.2164||52wk High Date||2022-11-09|
|52wk Low||22.649||52wk Low Date||2022-09-12|