| IBB latest price $89.9200 (2.52%) ($86.9700 - $90.6900) on Mon. Mar. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 59 |
Latest Price | $89.9200(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
Weekly Trend | IBB advances 0.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(85%) IWO(77%) ARKG(74%) XLV(74%) IWF(72%) |
Factors Impacting IBB price | IBB will decline at least -1.12% in a week (0% probabilities). VIXM(-23%) UUP(-13%) TLT(-13%) SHY(-6%) IPO(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.12% (StdDev 2.24%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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