| IBB latest price $107.8600 (-0.97%) ($106.4500 - $109.1000) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.95% (three month average) |
| RSI | 51 |
| Latest Price | $107.8600(-0.97%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.9% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal 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 -1.475% in a week (0% probabilities).
VIXM(-44%) UUP(-22%) VXX(-19%) TBT(-3%) TLT(3%) |
| 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 | -1.475% (StdDev 2.95%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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