IBTH sees MACD Histogram just turned negative
IBTH saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 18, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 31 instances where the indicator turned negative. In of the 31 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on IBTH as a result. In of 68 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
IBTH moved below its 50-day moving average on September 05, 2023 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 broke above its upper Bollinger Band on August 31, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for IBTH entered a downward trend on August 23, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 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 176 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
Industry description
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JVGIX | 9.76 | N/A | N/A |
| Janus Henderson Adaptive Global Allc I | |||
| LMNVX | 114.95 | -1.46 | -1.25% |
| ClearBridge Value I | |||
| NPRTX | 41.27 | -0.56 | -1.34% |
| Neuberger Berman Large Cap Value Inv | |||
| PXSCX | 14.29 | -0.22 | -1.52% |
| Impax Small Cap Investor | |||
| SNTCX | 21.79 | -0.35 | -1.58% |
| Steward International Enhanced Index I | |||
IBTH and
Correlation & Price change
A.I.dvisor indicates that over the last year, IBTH has been closely correlated with IBTE. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBTH jumps, then IBTE could also see price increases.
| Ticker / NAME | Correlation To IBTH | 1D Price Change % | ||
|---|---|---|---|---|
| IBTH | 100% | +0.01% | ||
| IBTE - IBTH | 86% Closely correlated | N/A | ||
| BSCP - IBTH | 85% Closely correlated | -0.15% | ||
| IBDP - IBTH | 81% Closely correlated | +0.02% | ||
| BSCO - IBTH | 78% Closely correlated | -0.02% | ||
| IBDO - IBTH | 67% Closely correlated | +0.04% | ||
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