IBB — Double Bottom

78% ConfidenceDetected Jun 9

Signal Snapshot

As of June 9, 2026, IBB is showing a Double Bottom pattern with 78% confidence on the daily timeframe. SCTR 4.4 (neutral zone), Confirmed Bear trend. EdgeOS buy trigger $169.28 · Target $172.00 · Stop $167.60.

EdgeOS Levels — IBB

Close
$166.92
Buy Trigger
$169.28
+1 ATR Target
$172.00
Stop
$167.60
SCTR
4.4
Trend
Confirmed Bear
Bull Count
0
Bear Count
0
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Other Patterns — IBB
Bull FlagBear FlagBull PennantBear PennantAscending TriangleDescending TriangleSymmetrical TriangleHead and Shoulders

Frequently Asked Questions

Is IBB showing a Double Bottom pattern?

Yes. IBB is currently showing a Double Bottom pattern with 78% confidence on the daily timeframe (detected 6/9/2026).

What is the confidence level for the IBB Double Bottom?

The IBB Double Bottom has a confidence score of 78%. 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.

What are the buy trigger and target for IBB?

IBB's EdgeOS buy trigger is $169.28, target $172.00 (Saty ATR +1), stop below $167.60.

How often does the Double Bottom succeed?

The Double Bottom has a historical win rate of 61% when traded with proper volume confirmation and stop placement. Average time to target: 18 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice