IBTJ in upward trend: 10-day moving average moved above 50-day moving average on December 09, 2024
The 10-day moving average for IBTJ crossed bullishly above the 50-day moving average on December 09, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 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 demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IBTJ advanced for three days, in of 254 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 205 cases where IBTJ 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 IBTJ 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 24 similar instances where the indicator moved out of overbought territory. In of the 24 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 IBTJ as a result. In of 89 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 IBTJ turned negative on December 16, 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 42 similar instances when the indicator turned negative. In of the 42 cases the stock turned lower in the days that followed. This puts the odds of success at .
IBTJ moved below its 50-day moving average on December 12, 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 IBTJ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
IBTJ broke above its upper Bollinger Band on November 27, 2024. 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.
IBTJ and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IBTJ has been closely correlated with IBDS. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBTJ jumps, then IBDS could also see price increases.
| Ticker / NAME | Correlation To IBTJ | 1D Price Change % | ||
|---|---|---|---|---|
| IBTJ | 100% | N/A | ||
| IBDS - IBTJ | 90% Closely correlated | N/A | ||
| IBDR - IBTJ | 89% Closely correlated | -0.04% | ||
| BSCQ - IBTJ | 81% Closely correlated | +0.05% | ||
| IBDQ - IBTJ | 74% Closely correlated | N/A | ||
| BSCP - IBTJ | 57% Loosely correlated | +0.05% | ||
More | ||||