| IBB latest price $136.6800 (0.86%) ($135.3900 - $136.9400) on Thu. Oct. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 71 |
| Latest Price | $136.6800(0.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.9% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.4% a week on average for past two weeks. |
| Market Behavior | Growth 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(78%) XBI(73%) IWM(70%) IVW(69%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.775% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-9%) EDOC(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.775% (StdDev 1.55%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
| | |
| |
|