| IBB latest price $133.8500 (2.04%) ($131.4000 - $134.1300) on Wed. May. 20, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.33% (three month average) |
| RSI | 66 |
| Latest Price | $133.8500(2.04%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.8% 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)
IWO(76%) XBI(75%) ARKG(69%) IWF(69%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.665% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) 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 | -1.665% (StdDev 3.33%) |
| Hourly BBV | 0.2 () |
| Intraday Trend | 0% |
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