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Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
INVESTORS AB B (NASDAQ:IVSBF)
Countertrend Up (+85) - IVSBF 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 IVSBF?
MarketClub looks at technical strength and momentum to determine if the timing is right for IVSBF.
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 IVSBF
The long-term trend has been UP since Dec 1st, 2023 at 20.4704
The intermediate-term trend has been UP since May 2nd, 2024 at 24.9000
The short-term trend has been UP since Apr 30th, 2024 at 24.0000
Smart Scan Analysis for IVSBF
Based on our trend formula, IVSBF is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.50 | 25.18 | 24.43 | 25.18 | +0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.99 | 10043 | 2024-05-02 13:11:00 |
| Year High | 50.32 | Year High Date | 2018-01-24 |
| Year Low | 39.81 | Year Low Date | 2018-06-27 |
| 52wk High | 26.6 | 52wk High Date | 2024-03-13 |
| 52wk Low | 17.55 | 52wk Low Date | 2023-10-27 |
| Year End Close | 26.178 | Average Volume | 15,618 |
| Shares Outstanding | 767,175 | % Institutional | 18.4 |
| Beta | 1.53 | Volatility | 24.32 |