| IBB latest price $132.7000 (-1.26%) ($132.1800 - $134.7000) on Wed. Jun. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 58 |
Latest Price | $132.7000(-1.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
Weekly Trend | IBB advances 0.9% a week on average for past two weeks. |
Market Behavior | Value stock 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%) IWF(69%) ARKG(68%) IVW(68%) |
Factors Impacting IBB price | IBB will decline at least -1.595% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-17%) TBT(-7%) IYT(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | -0.8 () |
Intraday Trend | 0% |
| |
|
|