How StockCharts TV’s view on $IBB changed

2026-09-18Bullish
“The Only Thing Working in This Market Right Now”
IBB is technically bullish, trading above its 21-week MA with positive momentum indicators (RSI, MACD).

Moving on to key areas of the market, I would like to share my thoughts on healthcare, and one of the main beneficiaries of that movement is the IBB fund. This is a biotechnology exchange-traded fund (ETF), and you can see it is in a position to trade again above its 21-week moving average .

We have a positive Relative Strength Index and a positive MACD indicator, and we will delve deeper into this area, but all the areas I mentioned, especially software, semiconductors and now biotechnology.

The reason these fields are at the forefront is that, again, semiconductors don't usually do well in a high-interest-rate environment, and the same is true for biotechnology. There is usually a sense of risk aversion, but the main driver for these three areas is innovation in artificial intelligence and new products, and we will address this as we talk.