| IBB latest price $129.5900 (-1.19%) ($127.3040 - $133.6600) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.32% (three month average) |
RSI | 61 |
Latest Price | $129.5900(-1.19%) |
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 1.9% 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(76%) XBI(75%) ARKG(69%) IWF(69%) IVW(68%) |
Factors Impacting IBB price | IBB will decline at least -1.66% in a week (0% probabilities). VIXM(-42%) UUP(-22%) VXX(-18%) TBT(-6%) IYT(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 | -1.66% (StdDev 3.32%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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