| IBB latest price $107.1400 (5.15%) ($102.4000 - $107.6600) on Thu. Mar. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.89% (three month average) |
| RSI | 42 |
| Latest Price | $107.1400(5.15%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.3% a day on average for past five trading days. |
| Weekly Trend | IBB declines -3.2% 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(77%) XBI(77%) IWF(72%) IVW(71%) QQQ(71%) |
| Factors Impacting IBB price | IBB will decline at least -1.445% in a week (0% probabilities).
VIXM(-43%) UUP(-20%) VXX(-19%) TLT(-0%) TBT(0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.445% (StdDev 2.89%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
| | |
| |
|