| IBB latest price $104.6300 (0.18%) ($104.3200 - $105.4600) on Thu. Sep. 19, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.13% (three month average) |
RSI | 54 |
Latest Price | $104.6300(0.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
Weekly Trend | IBB advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) IWO(80%) XBI(80%) IWF(75%) IVW(74%) QQQ(74%) |
Factors Impacting IBB price | IBB will decline at least -0.565% in a week (0% probabilities). VIXM(-49%) VXX(-24%) UUP(-10%) TLT(-8%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.565% (StdDev 1.13%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|