| IBB latest price $101.8900 (-0.82%) ($101.3800 - $105.2300) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.81% (three month average) |
| RSI | 37 |
| Latest Price | $101.8900(-0.82%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | IBB declines -5.8% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock 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 -1.405% 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 | -1.405% (StdDev 2.81%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
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