IBDQ in +0.21% Uptrend, advancing for three consecutive days on September 22, 2023
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 IBDQ advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 42 cases where IBDQ's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
IBDQ moved above its 50-day moving average on September 21, 2023 date and that indicates a change from a downward trend to an upward trend.
IBDQ 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 Momentum Indicator moved below the 0 level on September 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on IBDQ as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for IBDQ turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBDQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Fundamental Analysis (Ratings)
Industry description
IBDQ and
Correlation & Price change
A.I.dvisor indicates that over the last year, IBDQ has been closely correlated with BSCP. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBDQ jumps, then BSCP could also see price increases.
| Ticker / NAME | Correlation To IBDQ | 1D Price Change % | ||
|---|---|---|---|---|
| IBDQ | 100% | -0.06% | ||
| BSCP - IBDQ | 92% Closely correlated | -0.05% | ||
| IBDP - IBDQ | 90% Closely correlated | -0.06% | ||
| BSCO - IBDQ | 82% Closely correlated | -0.05% | ||
| IBDO - IBDQ | 77% Closely correlated | N/A | ||
| IBTE - IBDQ | 77% Closely correlated | +0.04% | ||
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