| IBB latest price $138.0400 (1.17%) ($135.0300 - $138.1060) on Thu. Jun. 25, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.14% (three month average) |
| RSI | 63 |
| Latest Price | $138.0400(1.17%) |
| 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 2.5% 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(77%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.07% in a week (0% probabilities).
VIXM(-40%) UUP(-23%) VXX(-16%) TBT(-7%) IYT(-0%) |
| 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 | -1.07% (StdDev 2.14%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | 0% |
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