| IBB latest price $108.0300 (-0.06%) ($106.6400 - $108.6500) on Mon. Nov. 5, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 32 |
Latest Price | $108.0300(-0.06%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 1% a day on average for past five trading days. |
Weekly Trend | IBB declines -2.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(82%) IWO(80%) IWF(75%) ARKG(74%) IVW(74%) |
Factors Impacting IBB price | IBB will decline at least -0.715% in a week (0% probabilities). VXX(-19%) UUP(-17%) VIXM(-12%) TLT(-10%) DIA(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.715% (StdDev 1.43%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|