IBTK in +0.10% Uptrend, growing for three consecutive days on December 26, 2024
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 IBTK advanced for three days, in of 169 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where IBTK's RSI Oscillator exited the oversold zone, of 43 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where IBTK'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 .
The Momentum Indicator moved above the 0 level on January 08, 2025. You may want to consider a long position or call options on IBTK as a result. In of 65 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day moving average for IBTK crossed bearishly below the 50-day moving average on December 19, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 9 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IBTK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for IBTK entered a downward trend on January 07, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
IBTK and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, IBTK has been closely correlated with IBDS. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBTK jumps, then IBDS could also see price increases.
| Ticker / NAME | Correlation To IBTK | 1D Price Change % | ||
|---|---|---|---|---|
| IBTK | 100% | -0.10% | ||
| IBDS - IBTK | 89% Closely correlated | -0.08% | ||
| IBDR - IBTK | 88% Closely correlated | N/A | ||
| BSCQ - IBTK | 79% Closely correlated | -0.05% | ||
| IBDQ - IBTK | 72% Closely correlated | +0.08% | ||
| BSCP - IBTK | 55% Loosely correlated | N/A | ||
More | ||||