IBB Stock iShares Biotechnology ETF (IBB, $145.71) Moving Average Convergence Divergence (MACD) Histogram turned positive on October 14, 2024

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IBB - iShares Biotechnology ETF

MACD signal

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Odds of UP Trend

Price: $145.71

Daily change: +$0.12 (+0.08%)

Daily volume: 1.2M

Net Assets: $7.5B

IBB in +0.47% Uptrend, advancing for three consecutive days on October 16, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where IBB advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on October 11, 2024. You may want to consider a long position or call options on IBB as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for IBB just turned positive on October 14, 2024. Looking at past instances where IBB's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

IBB moved above its 50-day moving average on October 11, 2024 date and that indicates a change from a downward trend to an upward trend.

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for IBB crossed bearishly below the 50-day moving average on October 02, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .