IBTH in upward trend: 10-day moving average crossed above 50-day moving average on December 06, 2024
The 10-day moving average for IBTH crossed bullishly above the 50-day moving average on December 06, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .
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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IBTH advanced for three days, in of 236 cases, the price rose further within the following month. The odds of a continued upward trend are .
IBTH may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 223 cases where IBTH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for IBTH moved out of overbought territory on December 09, 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 29 similar instances where the indicator moved out of overbought territory. In of the 29 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 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on IBTH as a result. In of 86 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 IBTH turned negative on December 18, 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 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .
IBTH moved below its 50-day moving average on December 18, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBTH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IBTH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IBTH has been closely correlated with IBDR. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBTH jumps, then IBDR could also see price increases.
| Ticker / NAME | Correlation To IBTH | 1D Price Change % | ||
|---|---|---|---|---|
| IBTH | 100% | +0.02% | ||
| IBDR - IBTH | 93% Closely correlated | +0.08% | ||
| IBDS - IBTH | 92% Closely correlated | +0.08% | ||
| IBDQ - IBTH | 82% Closely correlated | N/A | ||
| BSCQ - IBTH | 82% Closely correlated | +0.05% | ||
| BSCP - IBTH | 61% Loosely correlated | +0.02% | ||
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