IBBQ's RSI Indicator climbs out of oversold territory
The RSI Oscillator for IBBQ moved out of oversold territory on April 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on IBBQ as a result. In of 67 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 IBBQ just turned positive on April 17, 2025. Looking at past instances where IBBQ's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IBBQ advanced for three days, in of 240 cases, the price rose further within the following month. The odds of a continued upward trend are .
IBBQ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
IBBQ moved below its 50-day moving average on March 25, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IBBQ crossed bearishly below the 50-day moving average on March 19, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 IBBQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for IBBQ entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Health
IBBQ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IBBQ has been closely correlated with IBB. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBBQ jumps, then IBB could also see price increases.
| Ticker / NAME | Correlation To IBBQ | 1D Price Change % | ||
|---|---|---|---|---|
| IBBQ | 100% | +1.64% | ||
| IBB - IBBQ | 98% Closely correlated | +1.30% | ||
| XBI - IBBQ | 91% Closely correlated | +1.88% | ||
| VHT - IBBQ | 77% Closely correlated | +0.62% | ||
| XLV - IBBQ | 69% Closely correlated | +0.50% | ||
| IHI - IBBQ | 50% Loosely correlated | +1.33% |