| IBB latest price $106.7100 (-3.3%) ($106.4100 - $111.5500) on Tue. Dec. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 57 |
Latest Price | $106.7100(-3.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
Weekly Trend | IBB advances 2.4% 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(82%) IWO(80%) IWF(75%) ARKG(74%) IVW(74%) |
Factors Impacting IBB price | IBB will decline at least -0.835% in a week (0% probabilities). VXX(-19%) UUP(-16%) VIXM(-11%) TLT(-10%) DIA(-8%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 0 () |
Intraday Trend | -3.2% |
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