Aroon Indicator for IBDS shows an upward move is likely
IBDS's Aroon Indicator triggered a bullish signal on December 20, 2024. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 267 similar instances where the Aroon Indicator showed a similar pattern. In of the 267 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
IBDS moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for IBDS crossed bullishly above the 50-day moving average on December 04, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 IBDS advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
IBDS 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 10-day RSI Indicator for IBDS moved out of overbought territory on December 10, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 44 similar instances where the indicator moved out of overbought territory. In of the 44 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IBDS as a result. In of 78 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 IBDS turned negative on December 17, 2024. 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 53 similar instances when the indicator turned negative. In of the 53 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 IBDS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IBDS and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IBDS has been closely correlated with IBDR. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBDS jumps, then IBDR could also see price increases.
| Ticker / NAME | Correlation To IBDS | 1D Price Change % | ||
|---|---|---|---|---|
| IBDS | 100% | +0.08% | ||
| IBDR - IBDS | 96% Closely correlated | +0.08% | ||
| BSCR - IBDS | 94% Closely correlated | +0.10% | ||
| IBDU - IBDS | 93% Closely correlated | +0.22% | ||
| IBDV - IBDS | 93% Closely correlated | +0.33% | ||
| BSCS - IBDS | 93% Closely correlated | +0.20% | ||
More | ||||