| IBB latest price $111.6600 (4.93%) ($109.0100 - $111.9700) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.06% (three month average) |
| RSI | 63 |
| Latest Price | $111.6600(4.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.5% 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 rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
XBI(77%) IWO(76%) IWF(70%) ARKG(69%) IVW(69%) |
| Factors Impacting IBB price | IBB will decline at least -1.53% in a week (0% probabilities).
VIXM(-43%) UUP(-21%) VXX(-18%) TBT(-4%) IGOV(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 | -1.53% (StdDev 3.06%) |
| Hourly BBV | 0.1 () |
| Intraday Trend | 0% |
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