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NYSE Biotechnology Index

^ICEBIO•INDEX
$398.95
$6.74(1.72%)
U.S. Market is Open • 11:16

NYSE Biotechnology Index (^ICEBIO) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^ICEBIO Technical Analysis Summary

NYSE Biotechnology Index index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 39.92)
Trend Strength:Very Strong (ADX: 49.30)
Volatility:High (ATR: 312.80)
Support/Resistance:$397.24 – $421.98 (Bollinger Bands)

Overall, NYSE Biotechnology Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 39.92

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 96.49

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.27

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -4.17

Bearish
Selling pressure outweighs buying.

Takeaway:NYSE Biotechnology Index shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -2.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 49.30

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 312.80

Rising
Rising volatility, market activity increasing.

CCI (14): 148.67

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:NYSE Biotechnology Index shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$421.98
Middle Band (SMA 20)
$409.61
Lower Band
$397.24
Current Position
Within Bands

Takeaway:NYSE Biotechnology Index trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1033.42
Middle Line (EMA 20)
$407.82
Lower Channel
$-217.79
Squeeze Status
Squeeze On

Takeaway:NYSE Biotechnology Index trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.47Bearish, price momentum favors sellers.

Overall Takeaway:^ICEBIO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of NYSE Biotechnology Index, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:NYSE Biotechnology Index shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ