| IBB latest price $107.5000 (0.7%) ($106.7700 - $108.1000) on Wed. Jan. 9, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.12% (three month average) |
| RSI | 63 |
| Latest Price | $107.5000(0.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 5.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
XBI(81%) IWO(80%) IVW(74%) IWF(74%) ARKG(73%) |
| Factors Impacting IBB price | IBB will decline at least -1.06% in a week (0% probabilities).
VXX(-19%) UUP(-17%) DIA(-11%) VIXM(-10%) TLT(-9%) |
| 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 | -1.06% (StdDev 2.12%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.5% |
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