| IBB latest price $103.6300 (-2.76%) ($103.5000 - $106.5000) on Tue. Jun. 27, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 71 |
Latest Price | $103.6300(-2.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.5% a day on average for past five trading days. |
Weekly Trend | IBB advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(83%) IWO(79%) ARKG(75%) IWF(75%) IVW(74%) |
Factors Impacting IBB price | IBB will decline at least -0.53% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TLT(-10%) SHY(-3%) IPO(-2%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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