As of July 28, 2026, IBB is showing a Descending Triangle pattern with 70% confidence on the daily timeframe. SCTR 6.7 (neutral zone), Fluid Bear trend. EdgeOS buy trigger $188.99 · Target $191.76 · Stop $187.29.
Yes. IBB is currently showing a Descending Triangle pattern with 70% confidence on the daily timeframe (detected 7/28/2026).
The IBB Descending Triangle has a confidence score of 70%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.
IBB's EdgeOS buy trigger is $188.99, target $191.76 (Saty ATR +1), stop below $187.29.
The Descending Triangle has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 17 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.
Open IBB on a chart with EdgeOS overlays, Saty ATR levels, pattern scan, and AI research — all in one view.
Pattern data updated nightly · For informational purposes only · Not investment advice