| IBB latest price $104.5600 (-2.41%) ($104.1200 - $107.5000) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.9% (three month average) |
| RSI | 46 |
| Latest Price | $104.5600(-2.41%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | IBB declines -1.3% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off 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(77%) XBI(77%) IWF(71%) ARKG(70%) IVW(70%) |
| Factors Impacting IBB price | IBB will decline at least -1.45% in a week (0% probabilities).
VIXM(-43%) UUP(-22%) VXX(-19%) TBT(-2%) TLT(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 | -1.45% (StdDev 2.9%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
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