| IBB latest price $106.4100 (-1.06%) ($105.4300 - $108.6100) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 66 |
Latest Price | $106.4100(-1.06%) |
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 advances 4% 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 -1.5% in a week (0% probabilities). VIXM(-43%) UUP(-22%) VXX(-19%) TBT(-4%) TLT(4%) |
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 | -1.5% (StdDev 3%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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