| IBB latest price $133.4000 (0.77%) ($131.5000 - $133.4800) on Fri. May. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.31% (three month average) |
| RSI | 69 |
| Latest Price | $133.4000(0.77%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.3% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(76%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.655% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-17%) TBT(-7%) IYT(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.655% (StdDev 3.31%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
| | |
| |
|