| IBB latest price $102.7300 (5.63%) ($99.9600 - $102.9200) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.83% (three month average) |
| RSI | 36 |
| Latest Price | $102.7300(5.63%) |
| 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 declines -7.3% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) XBI(78%) IWF(73%) IVW(72%) QQQ(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.415% in a week (0% probabilities).
VIXM(-45%) VXX(-21%) UUP(-15%) TLT(-3%) TBT(2%) |
| 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 | -1.415% (StdDev 2.83%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
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