REPORTING FOR 2019-11-14 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how IBB has been trading over the last 2 weeks and the past day especially. On its latest session, iShares Nasdaq Biotechnology Index Fund ($IBB) opened at 110.0, reaching a high of 111.145 and a low of 109.53 before closing at a price of 110.58. There was a total volume of 1687867.
VOLUME INDICATORS FOR ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ($IBB): We saw an accumulation-distribution index of 345.44565, an on-balance volume of 110.38, chaikin money flow of 1.82096 and a force index of 0.0486. There was an ease of movement rating of -0.00122, a volume-price trend of 6.11273 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ($IBB): We noted an average true range of 1.10237, bolinger bands of 110.08512, an upper bollinger band of 109.26488, lower bollinger band of 109.53, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 110.225, high band keltner channel of 109.08, low band keltner channel of 111.37, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 109.53, a donchian channel low band of 109.53, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ($IBB): We calculated a Moving Average Convergence Divergence (MACD) of 0.00651, a MACD signal of 0.00361, a MACD difference of 0.00289, a fast Exponential Moving Average (EMA) indicator of 109.53, a slow Exponential Moving Average (EMA) indicator of 109.53, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.68755, a trix of 4.90568, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -5.70192, a KST Oscillator (KST) of 54.91698 and a KST Oscillator (KST Signal) of 54.91698 (leaving a KST difference of 0.69827). We also found an Ichimoku rating of 110.5725, an Ichimoku B rating of 110.5725, a Ichimoku visual trend A of 105.15101, an Ichimoku visual trend B of 104.9293, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ($IBB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.38487, a stochastic oscillator of 141.04803, a stochastic oscillator signal of 141.04803, a Williams %R rating of 41.04803 and an awesome oscillator of -0.14892.
RETURNS FOR ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND ($IBB): There was a daily return of 5.4917, a daily log return of 0.26442 and a cumulative return of 0.26477.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-14 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for iShares Nasdaq Biotechnology Index Fund ($IBB)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling iShares Nasdaq Biotechnology Index Fund ($IBB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.