Technical Analysis for BOUT - Innovator IBD Breakout Opportunities ETF

Grade Last Price % Change Price Change
A 37.01 1.10% 0.40
BOUT closed up 1.1 percent on Friday, November 1, 2024, on 1.13 times normal volume.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Inside Day Range Contraction 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 1.10%
Wide Range Bar Range Expansion 1.10%
Gapped Up Strength 1.10%
Gapped Up Strength -0.25%
Outside Day Range Expansion -0.87%
Crossed Above 20 DMA Bullish -0.03%
Narrow Range Bar Range Contraction -0.03%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 19 hours ago
Rose Above 20 DMA about 23 hours ago
60 Minute Opening Range Breakout about 23 hours ago
Rose Above 10 DMA about 23 hours ago
2x Volume Pace about 23 hours ago

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Profile

Innovator IBD Breakout Opportunities ETF Description

The investment seeks to track, before fees and expenses, the performance of the IBD® Breakout Stocks Index (the "index"). The fund will normally invest at least 80% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index seeks to provide opportunistic investment exposure to those stocks with the potential to "break out," or experience a period of sustained price growth beyond the stock's recent "resistance level," with consideration for various market conditions. The fund is non-diversified. BOUT uses technical analysis to find stocks that are likely to breakout. The funds index relies on an algorithm that establishes a base price (a recent high) for each eligible security. The index then follows the trend for each stock. Selected stocks are ranked by a combination of relative strength and fundamental factors, and then weighted in fixed tiers according to this ranking. In addition, BOUT will move 50% of its portfolio into T-bills based on market signals: a rapid increase in either margin debt or overall stock prices, combined with slowing reversing momentum in the S&P 500. The T-bill position will remain in place until the S&P 500 falls by 50% or show indications of rising momentum. BOUT is rebalanced and reconstituted weekly after the close on Friday. The frequent rebalance schedule means the fund will be highly responsive to the technical factors that drive its strategy, but could also experience high turnover.


Classification

Keywords: Index Fund Technical Analysis Foreign Exchange Market Investor's Business Daily

Top 10 Components

Symbol Grade Price % Change Allocation
PACS A 0.61 4.48
MS B 0.52 4.47
LBRDK A 11.23 4.44
NEM D -0.40 4.42
VIK A 0.99 4.39
EXPE B 1.98 4.28
EQIX B -2.18 4.25
AHR A -1.62 4.24
IDCC A 10.14 4.01
ETN B 1.03 3.82

Is BOUT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 37.61
52 Week Low 29.0085
Average Volume 1,998
200-Day Moving Average 35.22
50-Day Moving Average 36.42
20-Day Moving Average 36.90
10-Day Moving Average 36.98
Average True Range 0.32
RSI (14) 53.92
ADX 20.77
+DI 31.06
-DI 26.19
Chandelier Exit (Long, 3 ATRs) 36.66
Chandelier Exit (Short, 3 ATRs) 36.99
Upper Bollinger Bands 37.62
Lower Bollinger Band 36.19
Percent B (%b) 0.57
BandWidth 3.88
MACD Line 0.17
MACD Signal Line 0.22
MACD Histogram -0.0506
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 37.62
Resistance 3 (R3) 37.61 37.40 37.52
Resistance 2 (R2) 37.40 37.25 37.41 37.49
Resistance 1 (R1) 37.20 37.15 37.30 37.21 37.45
Pivot Point 36.99 36.99 37.04 37.00 36.99
Support 1 (S1) 36.79 36.84 36.89 36.80 36.56
Support 2 (S2) 36.58 36.74 36.59 36.53
Support 3 (S3) 36.38 36.58 36.49
Support 4 (S4) 36.39