| IBB latest price $150.3250 (1.78%) ($150.3250 - $150.3300) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 75 |
Latest Price | $150.3250(1.78%) |
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 3.1% 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(78%) IWM(72%) XBI(72%) IWC(70%) IWF(69%) |
Factors Impacting IBB price | IBB will decline at least -0.825% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-15%) TBT(-9%) USO(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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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