| IBB latest price $121.5500 (0.72%) ($121.5500 - $121.5500) on Mon. Dec. 16, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1% (three month average) |
RSI | 64 |
Latest Price | $121.5500(0.72%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) IWO(80%) XBI(80%) IVW(75%) IWF(75%) QQQ(74%) |
Factors Impacting IBB price | IBB will decline at least -0.5% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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